Zitong Financial App NewsletterMing Zhi Electric Appliance (603728.SH)According to the 2021 semi-annual report, the company achieved an operating income of 1.292 billion yuan in the first half of the year, an increase of 30.75% over the same period last year. Belonging to the shareholders of a listed companyNet profit129 million yuan, an increase of 62.53% over the same period last year. The net profit after deducting non-recurring gains and losses belonging to shareholders of listed companies was 122 million yuan, an increase of 68.46% over the same period last year. The basic earnings per share is 0.3099 yuan per share.
In the first half of 2021, the company achieved operating income of 1.292 billion yuan, of which the company achieved operating income of 678 million yuan in the second quarter, the highest in the previous year. During the reporting period, the company's domestic and overseas business grew simultaneously, of which the domestic business increased by 43.9% over the same period last year, with a faster growth rate. The overseas business realized operating income of 557 million yuan, accounting for 43% of the company's total revenue, still up 16.68% over the same period last year. Among them, the overseas part of the control motor and its drive system business increased by 19.92% over the same period last year.
In the first half of 2021, the company's average gross profit margin was 38.1%, down 2.1 percentage points from the end of the previous year. During the reporting period, the general rise in the price of bulk raw materials led to an increase in the company's production costs. due to the lag effect of terminal price transmission, the company's cost control took on more pressure in the first half of the year.
