The net profit of the first half of the shares of your rope increased by 3% over 13.09 million

NetEase Finance July 27 News of your stake in Tuesday evening in Shanghai released 2010.5 Annual report.　　In the first half of 2010, the shares of your rope realized operating income of 64,091, 880,000 yuan, 9.92% higher than the same period last year, to achieve net profit of 1,308 990,000 yuan, lower than the same period last year 2.86% yuan, a decline of 0.0796 per share. Semi-annual reports show that, 2010.5 years, affected by domestic and foreign economic environment, your rope shares also face a lot of "dilemma" test. Capacity growth exceeds demand increase, supply and demand contradictions are outstanding, price competition is increasingly fierce; international wire rope Enterprises in China low-cost expansion of the market, accelerate the improvement of domestic production technology and standards, so that the domestic industry to increase capital investment, the industry competition pattern has been from low-end to high-end transfer, the same industry gap narrowing　　, energy-saving and emission reduction brings the increase of resource Price, labor cost and enterprise production cost, and makes the product profit space shrink. The shares of your rope said that in the second half of 2010, due to the complexity of the domestic and foreign economic environment, the increasing competition, contract, price and cost contradictions, will further restrict the profit space of enterprises. But with the implementation of the Western Development Strategy, railway, highway, Water Conservancy, energy, power and other important projects, will further pull the wire rope demand, will provide a favorable market environment for the company.　　The company for the whole year's main business income reached 1.05 billion yuan, efforts to reduce costs, so that the company maximize benefits. Related topics: Semi-annual report of 2010 listed Companies