Plastic Rim, Metal Wheelbarrow Rim, Metal Rims QINGDAO HYTANG HAND TRUCK CO.,LTD. , http://www.cnwheelbarrow.com
Oil machinery parts and CNG natural gas contributed more In the first half of the year, petroleum machinery parts realized sales income of 60,917,700 yuan, an increase of 121.64%; accounted for 10.16% of operating income, an increase of 4.92 percentage points; gross profit rate of 28.61%, an increase of 0.63 percentage points. CNG natural gas realized sales income of 63.811 million yuan, an increase of 170%; accounting for 10.63% of operating income, an increase of 6.12 percentage points; gross profit margin of 22.23%, an increase of 2.89 percentage points. The high-speed growth of stone machine parts and CNG natural gas has ensured that the company's operating income will continue to grow rapidly without changes in the main business of the drill bit. However, compared with the bit business, the gross profit margin is slightly lower.
Net profit after deducting non-recurring gains and losses increased by 1.76%
Jiang Diamond shares drill bit profit margin decreased as expected
The gross profit margin of the main drill business decreased as expected. In the first half of the year, the company's main drills achieved sales revenue of 405.356 million yuan, down 0.49% year-on-year; gross profit margin was 37.77%, down 2.04 percentage points year-on-year. In the cost structure of the main products, special steel (including some non-ferrous materials) and labor costs account for 40% and 20% respectively, which brings greater cost pressure. However, the price of mature drill products is much higher, and the price of new products is only considering the price increase of raw materials. In the first half of the year, only exports reached 1,543.5 million yuan, a year-on-year decrease of 9.82%; the decline in exports was the main reason for the slow growth of the main business.