Zhitong Financial App News, Fuyang (00352) released its interim results for the six months ended June 30, 2021. During the period, the group made a profit of 24.741 million yuan (the same unit below), an increase of 242.82% over the same period last year. The profit attributable to the owners of the company was 173000 yuan, compared with a loss of 4.173 million yuan for shareholders in the same period last year.
It is reported that the group made a gross profit of about 6.62 million yuan during the review period, compared with about 1.96 million yuan in the same period last year. The increase was mainly due to an increase in earnings over the same period last year and a stable gross profit margin. During the period under review, overall operating and administrative expenses also decreased by about 3.3%, due to strict cost-saving policies.