Yellow River whirlwind: net profit in the first half of 2009 decreased by 32.93% year-on-year

Abstract 29th news The Yellow River whirlwind released the first half of 2009 performance report. During the reporting period, the main business income was 297,209,437.85 yuan, a decrease of 4.34% over the same period of last year; the net profit was 17,850,952.39 yuan, compared with last year...

On the 29th, the Yellow River whirlwind released the first half of 2009 performance report.
During the reporting period, the main business income was 297,209,437.85 yuan, down 4.34% over the same period of last year; the net profit was 17,850,952.39 yuan, down 32.93% from last year.
Financial indicators show that the company achieved a basic earnings per share of 0.05 yuan in the first half of the year, a year-on-year decrease of 47.96%; the return on net assets was 1.29%, a decrease of 1.27 percentage points year-on-year.
Change analysis:
1. The reason for the decline in the company's main business income is mainly affected by the economic crisis.
2. The reason for the decline in corporate profits is mainly due to the continued decline in diamond prices.
3. The development of new diamond technology and the implementation of related process reengineering projects have made progress.
4. In terms of sales, we will gradually implement sales contract management, control the growth of accounts receivable, and strive to reduce the risk of payment recovery. In customer management, we implement a high-quality customer service strategy for users who contribute a lot to the company and account for most of the sales.

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