On the one hand, we continued to adhere to the development strategy of “creative + Internetâ€. On the one hand, we carefully arranged the traditional packaging and printing industry. In the first three quarters of 2018, Jihong’s revenue and profit increased by more than 100%.
In the first three quarters of Jihong, the revenue and profit increased by more than 100%.
On October 31, Jihong shares released the third quarter report of 2018. In the third quarter, Jihong shares achieved operating income of 659 million yuan, an increase of 112.76%, and the net profit attributable to shareholders of listed companies was 50 million yuan, an increase of 168.53% over the same period of the previous year.
From the beginning of the year to the end of the reporting period, from January to September this year, Jihong shares achieved operating income of 1.618 billion yuan, an increase of 131.93%, and the net profit attributable to shareholders of listed companies was 131 million yuan, an increase of 242.17% over the same period of the previous year.
For the reasons for the substantial increase in operating income during the reporting period, Jihong shares indicated that there are three main reasons:
First, the operating income of Huanggang Branch, Langfang Branch, Hohhot Jihong and Jixian Jihong increased compared with the same period of last year;
Second, the price of raw paper in the main raw materials increased compared with the same period of the previous year, and the operating income of the packaging business also increased accordingly;
Third, the increase in the revenue of the Kyrgyzstan E-commerce business in August last year and the increase in the revenue from the advertising business of the Dragon Domain Star in the current period.
In 2017, the net profit attributable to shareholders of Jihong shares was RMB 80 million. Due to the good development of packaging machine Internet business, operating income continues to grow. Jihong shares expects the company's net profit to change range from 184 million yuan to 216 million yuan in 2018, with a range of 130%-170%.
One-handed sword refers to “creative + internetâ€, on the one hand, the traditional packaging printing industry
According to the public information, under the guidance of the creative development strategy for the leading development, Jihong shares continue to adhere to the development strategy of “creative + Internetâ€, give full play to the role of high-speed development of the Internet bridge, and gradually improve the Internet marketing data targeted by accurate users. Platform and e-commerce platform, and develop offline offline traffic entry for packaging and functional packaging, while preempting and cultivating media resources with Internet explosion products as traffic portals, making packaging and Internet businesses well developed and constantly Highlighting the advantages of the business's main contribution to the board, the company's business segments will be upgraded to a higher level, and the flow of business under the guidance of each business sector will be realized.
At the same time, Jihong shares carefully arranged the traditional packaging and printing industry, and actively seized the dividend brought by the Internet era, and further integrated the FMCG display packaging into a traffic portal to achieve the vertical expansion of precision marketing and cross-border e-commerce business. Under the environment of national food safety and environmental protection, through the shareholding of 33% of the shares of Anhui Weizhi Environmental Protection, it cut into the functional packaging business (paper container) of the fast food market, and used it as an Internet traffic portal to gradually implement various business segments. Operation management, improve business structure and layout, and help the company's performance growth.
In the future, Jihong will continue to use “creative†as the core driving force for the company's development, upgrade and create a competitive advantage pattern of business integration and coordinated development, and combine its own advantages to keep up with the trend of the times and continuously expand its business scale and volume. Continue to maintain sustained, rapid and healthy development.
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