News Column

Huayi Compressor H1 Net Up 40%

August 8, 2014

JINGDEZHEN, August 8, SinoCast -- Huayi Compressor (SZSE: 000404) reaped operating revenue of about CNY 4.15 billion in the first half of 2014, down 0.03% from a year earlier. Net profit attributable to shareholders rose 39.52% to CNY 141 million. Basic EPS was CNY 0.2513.

Compressor output and sales volume each increased 1.26% and 9.68% to 2,081 and 2,208 units, accounting for 61.33% and 58.39% of the yearly goals, respectively. Average gross margin was 15.58%.

Share in the domestic market reached 29.5%, up 1.5 percentage points from the year start.

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Source: Sinocast Machinery & Industrial Goods Beat (China)

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