trending Market Intelligence /marketintelligence/en/news-insights/trending/m66RY7Nbz-T9cYnchnDX9w2 content esgSubNav
In This List

Chongqing Fuling Zhacai Q2 profit falls YOY


Illuminating the Opaque: How can Significant Risk Transfer underwriting decisions be made with greater conviction?

Case Study

A Law Firm Taps into Extensive Data Solutions to Create a Powerful CRM System

Case Study

A PE Firm Capitalizes on Market Opportunities with Robust Data and Analytics


MediaTalk | Season 2
Ep.9 How Consumers Split Their Dollars, Time Among Streaming Services

Chongqing Fuling Zhacai Q2 profit falls YOY

Chongqing Fuling Zhacai Group Co. Ltd. said its second-quarter normalized net income was 5 fen per share, a decline from 5 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 36.8 million yuan, a decrease from 37.3 million yuan in the prior-year period.

The normalized profit margin rose to 15.0% from 14.2% in the year-earlier period.

Total revenue declined on an annual basis to 251.0 million yuan from 262.8 million yuan, and total operating expenses declined 5.6% on an annual basis to 196.0 million yuan from 207.7 million yuan.

Reported net income totaled 50.3 million yuan, or 6 fen per share, compared to 50.5 million yuan, or 7 fen per share, in the prior-year period.

As of July 21, US$1 was equivalent to 6.21 yuan.