Sanxin Technology's revenue for the first half of 2016 was 22.59 million yuan and net profit was 1.18 million yuan.

Digested Beixun News September 1st news, Sanxin Technology (stock code: 832301) recently released the first half of 2016 report shows that during the reporting period, the revenue reached 22.59.37 million yuan, an increase of 12.28% over the same period of last year; attributable to the listed company The net profit of shareholders was 1,177,100 yuan, an increase of 194.78% over the same period of last year; the basic earnings per share was 0.08 yuan, an increase from 0.06 yuan in the same period of last year.

As of June 30, 2016, Sanxin Technology's total assets were 64,031,400 yuan, and the current period was 5,493,200 yuan; the asset-liability ratio was 68.92%, an increase of 3.01 percentage points from the beginning of the current period of 65.91%. The net cash flow from operating activities was RMB 1,842,600, an increase of 86.1% over the same period of the previous year.

In the first half of 2016, Sanxin Technology's total profit and net profit increased by 107.7% and 194.78% respectively over the same period of the previous year. The main reason for the sharp increase in profits was that the profit of the subsidiary Sanxin Electronics changed from the loss in June 2015 to the profit in June 2016; the borrowing of the parent company decreased, and the financial expenses decreased by 40.15%.

According to the data of the Dixinbeisan Institute, the main business of Sanxin Technology is the development, production, sales and installation and commissioning of corona treatment machines and casting film machines. The main products are corona treatment machines and Its accessories, cast film machine, textile fabric plasma processor.


Responsible editor: dk

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