Lianhetech’s net profit in 2014 achieved RMB 551 million

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Publish time: 3rd April, 2015      Source: China Crop Protection Industry Association
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According to the preliminary earnings estimate report recently released by Lianhetech, the company realized a net profit of RMB551 million in 2014, up 22.54% year on year (YoY), and the EPS was RMB0.69.

 

Main financial data and indicators of 2014:

Unit: RMB10,000

Item

This report period

Last report period

Increase or decrease

Total operating revenue

399,026.61

336,835.14

18.46

Operating profit

66,311.22

52,627.58

26.00

Total profit

65,757.57

52,788.07

24.57

Net profit attributable to listed company shareholders

55,090.17

44,955.91

22.54

Basic EPS (RMB)

0.69

0.57 

21.05

Note: 1. The data above are data from the consolidated financial statements of the company.

     2. As capital reserve was used in share transfer in the report period, the basic EPS of the previous in the table above has been re-calculated according to the number of shares adjusted.

 

During the report period, the company realized an operating revenue of RMB3.99 billion, up 18.46% YoY. The main reason was that the company constantly expanded the market. The industrial business revenue of the company increase 17.45% YoY.

 

Lianhetech indicated that the main reason for the year-on-year increase of net profit was the growth in the industrial business with a relatively high gross profit margin.