Sailun Group predicted red in Q1' 2019
2019-4-3 23:01:24Editor：AmandaFont Size：Big Medium Small
Sailun Group released its first quarter performance of 2019 on April 2.
According to the announcement, the company posted 180 million yuan of net profit belonging to shareholders, yearly increasing 50%. At the same time, net profit after non-current gains and losses yearly surged 64.34% to 174 million yuan.
Sailun Group said that with raw materials' price declining and core business developing steadily, the company's profit capacity was lifted.
At the same time, Sailun Group's Vietnam factory has come into operation, and was kept at high-capacity utilization, which further enhanced the company's profitability.
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