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Huamao Shares (000850): Net Profit In The First Half Increased By 104.23%-142.04%

2019/7/15 11:09:00 2

Huamao SharesTextile StocksThe Latest Announcement

000850.SZ disclosed its semi annual performance forecast for 2019. The company expects to achieve a net profit of 270 million yuan -3.2 billion in 2019 1-6, an increase of 104.23%-142.04% over the same period last year.

During the reporting period, the company realized the proceeds from the sale of some shares held by Guotai Junan Securities and the investment income recognized by the share dividends according to the accounting standards, which increased the net profit attributable to shareholders of listed companies during the reporting period.

Since January 1, 2019, the company has implemented the new accounting standards for financial instruments, and has included the fair value in the assets of Guotai Junan, Guang Fa securities, Tuo Wei, and Internet software in the sale of financial assets. It has been reclassified into financial assets that are measured in fair value and whose changes are included in the current profits and losses. During the reporting period, the net profit of the financial assets belonging to the shareholders of the listed companies during the increase period of the fair value changes of the financial assets.

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Huamao Shares (000850): Net Profit In The First Half Of 270 Million - 320 Million Increased By 142% During The Same Period

July 12th news, Huamao shares (000850) (000850) recently released the first half of 2019 performance forecast, expected net