Xiantong Rubber & Plastic H1 profit up 50%
2017-8-1 19:36:41Editor：AmandaFont Size：Big Medium Small
Zhejiang Xiantong Rubber & Plastic Co., Ltd. has released the financial results for the first half of 2017, predicting the net profit attributable to shareholders to grow 50%-60% and reach 95.1 million-101.5 million yuan.
The company attributed the growth to mass production of new products, larger share of products with higher technology and profit margin, improvement in production and operation, increase in management approach, as well as effective cost management.
Xiantong Rubber & Plastic is the producer of automotive seal parts and accessories. It got listed in the stock market in Dec. 2016.
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