On August 19, China Carbon Fiber Composite Materials Technology Company WHGW released the "Semi-annual Report 2019", showing that during the reporting period, the company achieved operating income of 836 million yuan, a year-on-year increase of 28.51%; net profit attributable to shareholders of listed companies was 310 million yuan , A year-on-year increase of 44.73%;
Based on the steady growth of order demand and timely and reliable delivery capabilities, the company's main business, carbon fiber (Note: including fabrics, the same below) and carbon beam business continue to maintain stable growth, of which:
Carbon fiber achieved sales revenue of 423 million yuan, an increase of 31% year-on-year, accounting for 51% of the company's business revenue, and the semi-annual implementation rate of major contracts reached 48%. While achieving continuous and stable production and maintaining smooth contract performance, it also improved product performance. Profitability
Carbon beam business achieved sales revenue of 299 million yuan, a year-on-year increase of 38%;
The prepreg business is affected by fierce competition in the traditional sports and leisure market. Composite material products and external equipment manufacturing are affected by the decline in orders for customized products, which have declined to varying degrees. Among them, prepreg sales revenue reached 72.89 million yuan, a year-on-year decrease of 2% , Composite materials and other businesses realized sales income of 10.94 million yuan, a year-on-year decrease of 22%.
In addition, WHGW stated that during the reporting period, the company accelerated the project construction progress according to the construction plan or adjusted plan of the fundraising investment project, of which:
The construction project of high-strength and high-modulus carbon fiber production line will continue to complete the construction work in accordance with the original plan;
The military high-performance carbon fiber high-efficiency production technology industrialization project has re-entered the investment and construction process after technical upgrades and program adjustments. At present, the equipment selection has ended, some equipment has entered the design and manufacturing process, and some sections have begun to enter the production line installation and construction;
The main project of civil engineering for the construction project of the advanced composite material research and development center has been completed and entered the stage of internal decoration and ancillary projects. The selection of equipment has been completed, and most of the equipment has already signed an order contract.