Mid-term net profit of Oriental hotel doubled 1.98 million Yuan Year-on-year

NetEase Finance August 4 News Oriental Hotel Wednesday Evening released 2010.5 Annual report.　　In the first half of 2010, the total operating income of Oriental Hotel was 12,141, 930,000 Yuan, which grew 16.04% from a year earlier, and the company's net profit was 1.983 million yuan, which grew by 111.01% from a year earlier. Affected by the stock price fluctuations in net assets year-on-year decrease of 3.16% semiannual report, as of June 30, 2010, Oriental Hotel net assets of 59,285 680,000 yuan, less than the end of the last year, 3.16%. Oriental Hotel said that the main reason is affected by the stock market price fluctuations, the company's holdings of shares in the fair value of the shares. But as the company made a profit during the reporting period, the unallocated profit increased by 1.983 million yuan from the end of last year. The net cash flow from operating activities was 1,828, 180,000 yuan, up 209.95% from a year earlier.　　The company's operating indicators show a good upward trend. Total profit of 2.8692 million yuan year-on-year growth of 112.15% Oriental Hotel said that the end of the reporting period of the company's operating income of 12,141, 930,000 yuan, increased by 1,678 yuan a year ago, the total operating cost of 100,000 yuan, a decline of 12,165 yuan a year earlier. In addition, the company also won the Guangzhou to stabilize the post subsidy 1.7465 million yuan, the overall impact of the above factors, the company's total profit of 2.8692 million yuan, the same period increased by 2,648 40,000 yuan, the increase of 112.15%, which accounted for the largest proportion of the company's main business catering, Rooms and other income increased significantly over the same period last year.　　After deducting the income tax, the company's net profit was 1.983 million yuan, which increased by 1,999 per cent over a year earlier. 880,000 Yuan. Asian Games Concept leading stock assets restructuring expected Oriental Hotel is Guangzhou only one by one five-star hotels listed companies, but also the Asian Games designated reception hotel, main will benefit directly from the Guangzhou Asian Games held, and has a large shareholder Lingnan group assets restructuring expectations. Gold Card Consultant analysis pointed out that Oriental hotel as the concept of Asian Games leading stocks, the recent trend is extremely strong, successive days of the sun and get a good gain.　　　　At present, a number of EMA has crowd upward, investors can focus on. Related topics: Semi-annual report of 2010 listed Companies