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HomePage > News > China's New Decoration Material Company Tubao Released Semi-Annual Report with 1.905 Billion Yuan
China's New Decoration Material Company Tubao Released Semi-Annual Report with 1.905 Billion Yuan
    August 25,2018



 

On the afternoon of August 21, Tubao released its semi-annual results for 2018. According to the announcement, Tubao achieved a total revenue of 1.905 billion yuan during the reporting period, an increase of 4.41% over the same period of the previous year. The net profit attributable to shareholders of listed companies was 1.90. 100 million yuan, an increase of 20.39% over the same period of the previous year.
 
Among them, in Tubao's revenue composition, Tubao's decorative materials business revenue was 1.446 billion, gross profit margin was 9.70%; household finished goods business revenue was 209 million yuan, gross profit margin was 18.62%.
 
During the reporting period, Tubao's semi-annual report exceeded 1.9 billion for the first time, an increase of 4.41% compared with the same period of last year. The main reason for the limited growth was that the core market development in the first half of 2018 was slowed by the impact of the real estate industry.
 
 
About Tubao
 
Founded in 1993, DehuaTBNewDecorationMaterialCo., Ltd. is the largest enterprise in China's decorative veneer industry. The company's stock was listed on the Shenzhen Stock Exchange on May 10, 2005 (stock abbreviation: Bunny, stock code: 002043), and it is the first listed company in the same industry in China.
 
(Source: JJgle.com)
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