The first three quarters of the hottest Yutong tec

2022-07-31
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Yutong technology achieved a revenue of nearly 7.4 billion yuan in the first three quarters, a year-on-year increase of about 16%

release date: Source: China good packaging

on the evening of October 30, Shenzhen Yutong Packaging Technology Co., Ltd. released the third quarter report of 2020. According to the report, in the first three quarters of this year, Yutong technology achieved a revenue of 7.379 billion, a year-on-year increase of 16.27%; The net profit attributable to the shareholders of the listed company was RMB 656million, with a year-on-year increase of 7.89%

while in the third quarter alone, i.e. month, Yutong technology achieved a revenue of RMB 3.069 billion, with a year-on-year increase of 15.27%; The net profit attributable to the shareholders of the listed company was 329million, with a year-on-year increase of 5.31%

in terms of convertible bond projects, by the end of the reporting period, the investment progress of Yutong technology's supplementary working capital project had reached 100.58%, and the other four major construction projects were also making steady progress:

Yibin Yutong intelligent packaging and bamboo pulp environmental protection paper and plastic project had used a total of 81.7824 million raised funds by September 30, with an investment progress of 14.56%

as of September 30, Xuchang Yutong high-end packaging color box intelligent manufacturing project has used a total of 75.2772 million raised funds, with an investment progress of 30.11%

Yutong technology increased its capital in Hong Kong Yutong Printing Co., Ltd. and expanded the electronic product packaging box production line project in Vietnam. As of September 30, it had accumulated 8471.06 yuan of raised funds. The good entrepreneurial environment in the United States also promoted the birth of many small graphene enterprises, with an investment progress of 69.10%

Yutong technology has increased capital in Hong Kong and can save images in the form of image files. Yutong Printing Co., Ltd. has very broad prospects for utilization. The company has built an electronic product packaging box production line project in Indonesia. As of September 30, it has used a total of 31.5849 million raised funds, with an investment progress of 68.81%

on the whole, the performance of Yutong technology in the first three quarters basically maintained a recovery trend. The fourth quarter is the traditional peak season for the packaging and printing industry to adopt advanced control technology. It is believed that with the support of the demand in the peak season, Yutong technology is expected to achieve substantial growth and double-digit growth throughout the year

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