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Affected by the epidemic, the net profit attributable to shareholders of listed companies in the first quarter of Shangwei shares decreased by 178.42% compared with the same period last year.
May 12,2020 11:36CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM: Shangwei shares first quarter report has recently been released, data show that during the reporting period, the company's net profit belonging to shareholders of listed companies reached 15.047 million yuan, down 178.42% from the same period last year; operating income was 206 million yuan, down 52.73% from the same period last year.

In the first quarter of 2020, affected by the epidemic of new coronavirus pneumonia, the construction of some projects served by the company was delayed and the delivery of products was delayed, resulting in a year-on-year decline in operating income and a corresponding decrease in net profit belonging to shareholders of listed companies.

During the reporting period, on the premise of doing a good job in epidemic prevention and control, the company has fully resumed work and production. According to the company's on-hand orders, the new inventory increased by 56.65% compared with the same period last year, and revenue is expected to be realized in the next reporting period.

"the net profit of Shangwei shares increased by 78.82% in 2019 compared with the same period last year.

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