Guangdong Jingyi Metal Co., Ltd. released the 2019 semi-annual results forecast that the net profit attributable to shareholders of listed companies is expected to be 40 million yuan-50 million yuan, compared with 36.2799 million yuan in the same period last year, an increase of 10.25-37.82 per cent over the same period last year.
The main reasons for the changes in operating results are: 1. Due to the improvement of the company's internal management and financial structure, the discounted bank interest rate fell year on year, resulting in a sharp drop in the company's financing costs and financial expenses, the report said. 2. The government subsidies received by the company during the reporting period increased significantly compared with the same period last year.
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