Xinhua Brocade (600735): Half Year Net Profit Increased By 7.74% Year On Year

Xinhua brocade (600735) released the semi annual performance express of 2022 on the evening of August 2. The company realized a total operating revenue of 917 million yuan in the half year, an increase of 42.12% year-on-year. The net profit attributable to shareholders of the listed company was 34.0573 million yuan, up 7.74% year on year. Net profit attributable to shareholders of the listed company after deducting non recurring profit and loss was 30.8123 million yuan, up 83.22% year on year. The basic earnings per share is 0.0846 yuan / share.

During the reporting period, the company achieved performance growth, mainly due to the gradual recovery of overseas market of hair products. The company actively developed overseas processing points to reduce costs and increase production capacity. The export order volume increased year on year. In addition, with the formal incorporation of Shanghai Lizhi Industrial Co., Ltd. into the consolidated statements of Listed Companies in October 2021, the net profit of the company in the first half of 2022 is increased.