BEIJING, July 12, 2018 /PRNewswire/ -- On July 9, 2018, Oriental Yuhong Waterproof
Technology Co., Ltd (stock code 002271) announced its 2018 semi-annual performance
report. According to the report, The company achieved operating
income of $0.85
billion in the first half of 2018, an increase of
30.21% over the same period of the previous year. Operating profit
was $0.11
billion, an increase of 27.12% over the same period
of the previous year. Performance is relatively strong overall.
The reason for the increase of Oriental Yuhong in operating
income is that the brand influence of the company continues to
increase, the sales volume of products has increased year-on-year,
the scale of material sales business and construction service
business has increased, and the sales revenue and construction
income of major products continue to increase, the gross profit
gradually increased, and the company's operating scale
expanded.
In the first half of 2018, Oriental Yuhong adhered to the
development theme of "building up the basics and speeding up" and
marching all the way. The company's goal
has been continuously improving the level of scientific and
technological research and development, expanding the international vision, and
maintaining the core
competitiveness of enterprises. The senior managers of Oriental
Yuhong firmly believe that with the steady increase of income and
operational efficiency of Oriental Yuhong, the second half of 2018
will continue to maintain good
momentum, and the future performance is worth looking forward
to.
In terms of financial status, the company is holding a good
position. As of June 30, 2018, the
company's total assets were $2.4
billion dollars. There is an increase of 19.56% compared to the
beginning of the report, achieving the company's semi-annual
profit.
About Oriental Yuhong
In 1995, Oriental Yuhong entered the building waterproofing industry. For
more than 20 years, the company has provided high-quality and
complete waterproof system solutions for major infrastructure
construction, industrial construction and civil and commercial
buildings, and has become the largest waterproof system service
provider in Asia. Last year, the
operating income of Oriental Yuhong reached $1.55
billion.
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SOURCE Beijing Oriental Yuhong Waterproof Technology Co.,
Ltd.