The gross profit margin of the Yellow River cyclone superhard materials and products increased year-on-year

November 10, 2023

Abstract The Yellow River Cyclone released its 2015 annual report, achieving a total operating income of 1.871 billion, an increase of 9.32% year-on-year. The net profit attributable to shareholders of listed companies was 275 million, an increase of 22.93% year-on-year, and the EPS was 0.4. The results were in line with expectations. During the reporting period, the company passed...
The Yellow River Cyclone released its 2015 annual report, achieving a total operating income of 1.871 billion, an increase of 9.32% year-on-year. The net profit attributable to shareholders of listed companies was 275 million, an increase of 22.93% year-on-year, and the EPS was 0.4. The results were in line with expectations. During the reporting period, the company entered the field of intelligent manufacturing through the acquisition of Ming smith intelligence, and was included in the scope of consolidated statements from November 2015.
Gross profit margin increased significantly, and the expense ratio increased slightly during the period.
The company's comprehensive gross profit margin was 35.94%, an increase of 3.25 percentage points over the same period of last year. The gross profit margins of the company's main products superhard materials, metal powder, superhard tools and superhard materials were 32.62%, 42.78%, 36.25% and 26.74%, respectively. Compared with the same period of last year, it increased by 2.14, 1.69, 11.52 and 9.23 percentage points respectively.

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