Yuchai Engine Co., Ltd. cylinder head main supplier Jiade shares 2017 revenue 156 million yuan

On February 28, 2018, the New Third Board Company Guardian Co., Ltd. released its 2017 annual report, stating that in 2017, the company realized operating income of 156 million yuan, an increase of 34.65% year-on-year; net profit attributable to shareholders of the listed company was 44.0891 million yuan, an increase of 29.38% over the same period of last year. . The main reason for the substantial increase in net profit attributable to the shareholders of the listed company compared with the same period of the previous year was that the number of orders for warming in the market increased, sales increased compared to the same period last year, and sales revenue increased.

During the reporting period, the company's gross profit margin was 44.64%, which was a decrease of 3.03 percentage points from the same period of the previous year. The main reason was that the sales price of a number of products decreased as compared with the same period last year and the gross profit margin decreased.

Since its inception, the company has been specializing in the processing and sales of professional engine cylinder heads of private enterprises, with the domestic diesel engine manufacturing large enterprises Yuchai shares signed a long-term strategic cooperation agreement, become Guangxi Yuchai Machinery Co., Ltd. engine cylinder head main supply factory. The company continues to optimize its processes, develop high-end manufacturing solutions, restructure and optimize production methods, and complete customer orders on time and in volume.

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