Suzhou Dongshan Precision realized a net profit of 21.98 million yuan in the first half of the year

On the evening of the 4th, the listed company Suzhou Dongshan Precision [2.41% Capital Research Report] Manufacturing Co., Ltd. (hereinafter referred to as “Dongshan Precision”) released the 2014 semi-annual report. The report stated that in the first half of 2014, the company realized a net profit of RMB 21.77 million. The decrease was 27.99%; the earnings per share was 0.03 yuan.

The semi-annual report also showed that from January to June, the company achieved operating income of 1.438 billion yuan, an increase of 30.86% over the same period of last year. This was mainly due to the expansion of the company's production scale, the enhancement of comprehensive manufacturing capacity, and the increase in orders, which led to sales revenue growth.

On April 28th, the 2014 first quarterly report released by the company showed that the net profit attributable to shareholders of listed companies reached 6.22 million yuan, a year-on-year decrease of 38.81%.

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