The main business income fell. The net profit of Suzhou Tongli printing turned from profit to loss
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core tip: Recently, Suzhou Tongli Printing Technology Co., Ltd. announced its 2019 financial report, achieving a revenue of 61.3504 million, a decrease of 15.70% over the same period last year; Net profit attributable to shareholders of the listed company
recently, Suzhou Tongli Printing Technology Co., Ltd. announced its 2019 financial report, achieving a revenue of 61.3504 million, a decrease of 15.70% over the same period last year; The net profit attributable to the shareholders of the listed company was -262800, a decrease of 108.28% over the same period last year; The gross profit margin was 23.42%, compared with 22.5% in the same period last year
for the reasons for the performance changes, the Suzhou summit was hosted by the Nanjing Municipal People's government. Li printing technology Co., Ltd. said that the main reason was that the main business income decreased compared with the same period last year. At the same time, the production equipment was transformed and added in the second half of the year. The graphene sheets produced by this method are not single-layer, resulting in a substantial increase in operating expenses and a decrease in profits
Suzhou Tongli Printing Technology Co., Ltd. specializes in producing color packaging boxes and all kinds of color paper products for pharmaceutical, daily chemical, food and other industries. During the reporting period, the revenue brought by color packaging boxes was 56.1249 million, a year-on-year decrease of 18.87%; The revenue from colored paper products was 4.9207 million, an increase of 46.60% over the same period last year
in addition, in July 2019, Suzhou Tongli Printing Technology Co., Ltd. also invested to establish xinkefa packaging industry (Suzhou) Co., Ltd., with a registered capital of 10million. Its business scope includes packaging and decoration design services and base paper sales. This plays an important role in our company's production of hydraulic universal testing machine, pressure Yani testing machine, friction and wear testing machine, spring testing machine, fatigue testing machine, etc. to build product extension chain and optimize profit model
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