Morpholine News mengbaihe’s annual sales in 2017 increased by 35% year-on-year, but net profit fell by 22% year-on-year

mengbaihe’s annual sales in 2017 increased by 35% year-on-year, but net profit fell by 22% year-on-year

recently, according to the latest announcement of mengbaihe, the main business income of the sales company of mengbaihe in 2017 was 2,331,610,300, an increase of 35.74% compared with the end of the previous year, of which overseas sales accounted for the main operating income 81.99%. however, its net profit attributable to shareholders of listed companies decreased by 22.23% compared with the same period last year, mainly due to the sharp rise in the prices of raw materials, especially chemical materials, and the increase in exchange losses between the us dollar and rmb, resulting in net profits attributable to shareholders of listed companies the basic earnings per share fell by 36.89%.

mengbaihe company mainly produces and sells memory foam mattresses, memory foam pillows and other products. mengbaihe announced that the financial report for the first quarter of 2018 will be announced on april 28.

This article is from the internet and does not represent Morpholine position. Please indicate the source when reprinting.https://www.51dmapa.com/mengbaihes-annual-sales-in-2017-increased-by-35-year-on-year-but-net-profit-fell-by-22-year-on-year/

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