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Chinese carbon fiber composite manufacturer achieved net profit increased Hay:D02WHGW

On January 10, WHGW Composite Materials released the “2018 Annual Results Forecast”, which showed that the net profit attributable to shareholders of listed companies during the reporting period was 367.66 million yuan-391.38 million yuan, an increase of 55% over the same period last year. -65%.

 

The reasons for the change in performance are as follows:

 

1. During the reporting period, the company’s military product business grew steadily, and the wind power carbon beam business continued to maintain rapid growth. In 2018, the company’s main business income reached about RMB 13.29 million to RMB 1.37658 million, an increase of 40% -45% over the same period last year. The company’s operating profit has increased accordingly;

 

2. During the reporting period, the company received unreceived VAT refunds for the previous year and normally received VAT refunds for the current year;

 

3. During the reporting period, the scientific research projects undertaken by the company passed the acceptance, and the corresponding project funds of 42.82 million yuan were transferred to the current profit and loss;

 

4. According to preliminary calculations, the company’s non-recurring profit and loss in 2018 was about 94.02 million yuan.

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