UP! Xiamen International Trade's net profit in the first half of the year is expected to increase by 60% to 75%

2021/07/1521:46:09 finance 897

UP! Xiamen International Trade's net profit in the first half of the year is expected to increase by 60% to 75% - DayDayNews

On July 15th, Xiamen International Trade (stock code: 600755) issued a pre-increase announcement. estimated that the net profit attributable to the parent in the first half of 2021 was 2.265 billion yuan to 2.477 billion yuan, an increase of 850 million to 1.062 billion yuan over the same period last year. The net profit attributable to the parent after deducting non-recurring gains and losses was 2.074 billion yuan to 2.286 billion yuan, an increase of 1.507 billion yuan to 1.719 billion yuan over the same period of the previous year, and a year-on-year increase of 266% to 303%.

UP! Xiamen International Trade's net profit in the first half of the year is expected to increase by 60% to 75% - DayDayNews

Focus on improving the quality and efficiency of the main business

In the first half of 2021, Xiamen International Trade will focus on the general work policy of "strengthening strategy, strengthening synergy, seeking innovation and promoting development". The continuous growth in sales of major operating varieties such as steel, iron ore, paper, and coal has been achieved, and the operational quality and profitability of the supply chain management business have been further improved, becoming the main source of the company's overall performance growth. At the same time, due to the characteristics of the project construction cycle of the company's real estate business, the revenue and profit of the centralized delivery projects in the first half of the year decreased significantly compared with the same period of the previous year. In order to further focus on the core business and further promote the new strategic transformation, the company has transferred its real estate equity in the first half of the year.

Innovative transformation and digital empowerment

In recent years, Xiamen International Trade has continuously promoted the innovation and application of supply chain business, and has implemented a number of integrated projects in the fields of ferrous metals, forest pulp and paper, rubber tires, textile raw materials, agricultural products and logistics. Actively carry out capitalization cooperation with leading enterprises and industrial partners, take digital transformation as a core strategic guarantee measure, and launch a number of digital applications such as "Guomao Cloud Chain", "Guomao Cloud Sign", "Guomao Smart Tong" and "Smart Inspection".On July 13, the Ministry of Commerce of the People's Republic of China officially announced the list of the first batch of national supply chain innovation and application demonstration cities and demonstration enterprises.

UP! Xiamen International Trade's net profit in the first half of the year is expected to increase by 60% to 75% - DayDayNews

The strategy leads the continuous creation of

Xiamen International Trade The new round of strategic planning clearly states that the company will focus on the core business of the supply chain, further increase investment, actively explore the transformation of new supply chain models, and consolidate and improve the first echelon in the supply chain industry. At the same time, strengthen the synergy of the financial sector, vigorously expand the health technology business, and continue to create new value.

UP! Xiamen International Trade's net profit in the first half of the year is expected to increase by 60% to 75% - DayDayNews


Source: Xiamen International Trade Group Co., Ltd.

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