trending Market Intelligence /marketintelligence/en/news-insights/trending/0x76InmoesLmNNkvTathWw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Zhejiang Century Huatong Q2 profit climbs YOY

Industry Top Trends 2021: Metals and Mining

TMT News & Research: 2020 Recap


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance

Zhejiang Century Huatong Q2 profit climbs YOY

Zhejiang Century Huatong Group Co.Ltd said its second-quarter normalized net income came to 6 fen per share, a gain from 1 fen per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 62.2 million yuan, an increase from 23.5 million yuan in the prior-year period.

The normalized profit margin climbed to 8.4% from 5.8% in the year-earlier period.

Total revenue climbed 88.5% year over year to 758.3 million yuan from 402.3 million yuan, and total operating expenses increased 82.1% year over year to 657.1 million yuan from 360.9 million yuan.

Reported net income increased year over year to 89.6 million yuan, or 8 fen per share, from 31.3 million yuan, or 2 fen per share.

As of Aug. 11, US$1 was equivalent to 6.32 yuan.