Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
01930 SHINELONG
RTNominal up0.370 +0.005 (+1.370%)
Others

25/02/2022 14:47

Shinelong (01930) sees 25.2% decrease in year profit

[ET Net News Agency, 25 February 2022] Shinelong Automotive Lightweight Application
Limited (01930) said for the year ended 31 December 2021, the group is expected to record
a net profit attributable to owners of the company of approximately RMB21.2 million,
representing a decrease of approximately 25.2% as compared to that of approximately
RMB28.3 million for the year ended 31 December 2020.
The decrease was mainly attributable to the combined effects of (i) decrease in gross
profit margin as a result of sales discounts offered to some of the group's major
customers and fierce competition; (ii) the absence of revenue from the sales of health
protective appliance moulds for FY2021 as the novel coronavirus disease 2019 was
relatively under control in the PRC; (iii) increase in other income arising from the
disposal of plant and land; and (iv) decrease in general and administrative expenses. (RC)

Remark: Real time quote last updated: 05/07/2022 17:59
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2022 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.