Oriental Seiner: the First Half of the Net Profit of About 127 Million Yuan, the Industry Intelligent Manufacturing Transformation to Create New Opportunities

Recently, Oriental Semen released its 2020 interim report, the first half of 2020 the company achieved operating income of 1.177 billion yuan, the mother net profit of 127 million yuan. Compared with the same period last year, excluding the impact of Plyde, operating income decreased slightly by 1.41% YoY, while the net profit attributable to the mother was up 8.01% YoY. The company said that the first half of the new crown pneumonia epidemic, some orders shipped, delivery time delayed, resulting in a slight decline in the main business revenue. The company actively took measures to reduce the impact of the outbreak on the main business, and strive to improve operational efficiency, rational use of its own funds for cash management, improve the return on net assets, the overall net profit steadily increased.