Jiayu Door Window & Curtain Wall H1 Earnings Down27%

Date:2011-08-19     Source:xuxinxuxin  Text Size:

August 18 -- Beijing Jiayu Door, Window and Curtain Wall, Joint-Stock reported that its net profit fell 26.87 percent year-on-year to 27.92 million yuan in the first half of 2011, with earnings per share of 0.13 yuan, reports p5w.net, citing a company filing. Revenue rose 10.13 percent year-on-year to 374 million yuan, during the reporting period.

Jiayu Joint-Stock’s net profit fell and was blamed on higher sales and administration expenses during the reporting period. The listed company increased investment to develop new markets in the first half of 2011, and orders signed during the reporting period have doubled year-on-year. Sales revenue from the orders may be gradually recognized during the second half of this year.


2005-2011 www.researchinchina.com All Rights Reserved 京ICP备05069564号-1