According to the 2014 earnings preannouncement recently issued by Huapont Nutrichem, in 2014, the company realized a total operating income of RMB4.921 billion, up 10.25% year on year; the operating profit was RMB527 million, up 37.03% year on year; the net profit attributable to listed company shareholders was RMB426 million, up 40.96% year on year; and the total profit was RMB541 million, up 38.37% year on year.
During the report period, the total assets of the company were RMB13.683 billion, up 78.51 % year on year; and the owner’s equity attributable to the parent company was RMB5.575 billion, up 46.17% year on year.
Currency: RMB Yuan
Item |
This report period |
Last report period |
Change (%) |
Total operating income |
4,921,298,018.23 |
4,463,630,641.28 |
10.25 |
Operating profit |
527,350,375.24 |
384,842,827.39 |
37.03 |
Total profit |
540,554,302.59 |
390,671,782.70 |
38.37 |
Net profit attributable to listed company shareholders |
426,347,062.17 |
302,449,093.95 |
40.96 |
Basic EPS |
0.67 |
0.53 |
26.42 |
There are two main reasons for the significant growth in most operating indicators of the company in 2014 compared to those last year:
First, the company had a good state of operation, its sales grew steadily and its profitability continued to improve. Second, through private placement, the company acquired 100% stake of Shandong Fuer Co., Ltd. and Shandong Kaisheng New Materials Co., Ltd., which contributed to the growth in the operating profit and net profit of the company.