Famous products in 2017 revenue of 56.93 million yuan net profit of 1.08 million yuan

On April 28th, the annual report released by Mingpin Industrial (838032) recently showed that the operating income in 2017 was 56.926 million yuan, an increase of 10.52% over the same period of last year; the net profit attributable to the listed company shareholders was 1.0874 million yuan. Compared with the same period of last year, it fell 29.47%; basic earnings per share was 0.03 yuan, compared with 0.04 yuan in the same period last year.

As of 2017, the total assets of famous products were 79.495 million yuan, down 1.61% from the end of the previous year. The asset-liability ratio was 33.61%, down 2.4 percentage points from the end of the previous year's 36.01%. The net cash flow from operating activities was -52.13 million yuan in the current period, compared with 5,305,800 yuan in the same period of the previous year.

During the reporting period, the increase in the sales expenses of the famous products and the decrease in operating profit were due to the fact that the subsidiaries were innovating, the organization of the framework, staffing, brand promotion, and the construction and distribution of sales channels consumed a large amount of funds, resulting in sales. The cost increased and the corresponding operating profit decreased.

According to the data of the Dibei New Third Board Research Institute, Mingpin Industry is a technology-based home textile enterprise, mainly engaged in the research and development, design, production and sales of traditional bedding and structural home textile products, and is committed to new materials (fabrics, core materials and Application research and development, production and sales of composite materials, structural home textiles and smart home textiles (smart pillows, mats, etc.).

Source link: http://