Luyang shares in the interim net profit of 57.57 million Yuan fell 5.12%

NetEase Finance August 5 News Luyang shares released 2010.5 Annual report in late Thursday.　　In the first half of 2010, Luyang shares realized operating income of 391.0071 million yuan, an increase of 10.09% per cent over the same period last year, operating profit of 60.4411 million yuan, a reduction of 10.07% from the same period last year, the net profit of the listed company shareholders 57.5682 million yuan, compared with the same period last year 5.12%.　　Luyang shares said that in the first half of the year, in order to seize the market, some product varieties implemented a stop sales and price promotion strategy, coupled with high energy costs, Inner Mongolia factory has not reached production and other factors, gross margin has been affected. The semi-annual report showed that the net cash flow generated by Luyang shares during the reporting period was 70.06% lower than that of the same period last year.　　Luyang shares said that the main reason is the increase in the acceptance of draft receipts, the increased amount of prepaid tax, the net cash flows generated by fund-raising activities decreased by 950.13% over the same period last year, mainly due to the repayment of maturing loans, the reduction of the size of loans. Related topics: Semi-annual report of 2010 listed Companies