In the first half of 2014, Fosu Technology's net profit increased by 1.02% year-on-year.
Time:
Jul 24,2019
On the evening of August 29, Foshan Plastics Technology announced that in the first half of this year, affected by adverse factors such as overall overcapacity in the plastic industry, insufficient domestic market demand, and high raw material prices, the competitive situation remains severe. In the face of a complex economic environment, the company resolutely implements the development strategy of "focusing on the research and development and production of new energy, new materials, and energy-saving and environmental protection industries," and works around the work policy of "strengthening management, strengthening innovation, and adjusting structure," increasing efforts in resource integration and industrial structure adjustment, striving to manage various operational tasks well, and implementing various operational measures to maintain stable operating performance overall.
During the reporting period, the company actively promoted technological transformation and investment project construction, increased efforts in product structure adjustment, and accelerated the pace of industrial transformation and upgrading; emphasized technological research and development, enhanced technological innovation capabilities; actively broadened financing channels, strengthened capital management and financial management, reduced capital costs and operating costs; increased efforts in resource optimization and adjustment; strengthened on-site production management, improved management efficiency; improved employee training systems and systems for striving for excellence, enhanced employee enthusiasm, and built an excellent talent team.
During the reporting period, the company achieved operating revenue of 1.248 billion yuan, a decrease of 9.36% compared to the same period last year; the net profit attributable to shareholders of the listed company was 25.5369 million yuan, an increase of 1.02% compared to the same period last year.
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