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Jiangsu General Science‘ non-operating revenue surging

On Oct.31, Jiangsu General Science announced its third quarter's report.

In the first nine months, Jiangsu General reported 2.39 billion yuan of operation revenue, year-on-year rising by 3.47%, and 132 million yuan of net profit belonging to shareholders,yearly rising by 3.86%, but 122 million yuan of  net profit after extraordinary gains and losses, yearly decreasing 2.22%.

By the end of September, Jiangsu General Science reported 4.1 billion yuan of total assets, raising 13.68% compared to the same period of 2015, and 2.5 billion yuan of net assets belonging shareholders, up 56.95% compared to the same period of 2015.

The company raised funds in the report period and helped cash funds rising by 133% and capital reserves rising by 590%.

Besides, the company's non-operating revenue increasing 330%, because of government subsidies.

Tireworld