Not afraid of real estate regulation of the shares net profit of the mansion increased by 104%

As a representative of high-end architectural decoration enterprises, the shares of the company (002375) announced today that the first half of this year's real estate control policy did not affect the prosperity of the building decoration industry. The first half of the company achieved operating income of 1.865 billion yuan, a year earlier growth of 83%, the net profit of 105 million yuan, a year earlier growth of 104%.　　The net profit of 2010 1-September attributable to the owner of the parent company is expected to increase 60% to 90% year-on-year. The shares of the company said that the reason for the growth of the performance is the sustained and steady growth of the national economy, the acceleration of urbanization and the increase of people's living standard, so that the prosperity of China's architectural decoration industry continues to rise. Company building decoration, residential decoration and many other business rapid development, the main business scale from 2006 to 872 million Yuan soared to 2009 2.487 billion yuan, the annual composite growth rate of more than 40%.　　In the first half of 2010, the operating income of 1.865 billion yuan. According to wind information statistics, the first half of 2010, China's fixed assets investment scale reached 9.8047 trillion yuan, an increase of 25.5%, building construction area reached 3.084 billion square meters, an increase of 28.71%, for the building decoration market to bring about 200 billion yuan market increment.　　Coupled with the original demand for decorative stock, building decoration industry market capacity greatly increased. Regarding the real estate regulation's worry, the National letter Securities believes that the real estate industry macro-control to the company home improvement business is expected this year influence is small, but next year will gradually reflect the influence.　　From the actual situation of the market, because the company has a strong brand advantage, the impact should be within 10%. In addition, the company shares plan through mergers and acquisitions, accelerate the pace of resource integration and industrial chain extension, and gradually build indoor and outdoor decoration, curtain wall design and construction mainly to the parts of the factory production, assembly construction of the main production model, including wood, furniture, jewelry, energy-saving doors and windows, Landscape gardening and other ancillary services, such as the integration of large decoration industry pattern, to achieve sustainable development.