On January 30th, Shanghai Dongfulong Technology Co., Ltd. released its 2017 annual results forecast. The profit for 2017 was 117,255,800 yuan -16,415,100 yuan. The profit for the same period of 2016 was 234,151,500 yuan, down from the same period of 2016: 30%-50%.
Reasons for changes in performance:
During the reporting period, Dongfulong adhered to a systematic and international development strategy, focusing on the research of pharmaceutical manufacturing science and medical science manufacturing, practicing the integration and innovation of pharmaceutical equipment and pharmaceutical technology, and providing valuable pharmaceutical equipment to customers. And system solutions.
During the reporting period, the company actively explored new markets at home and abroad, increased research and development efforts, improved product quality, enhanced brand efficiency, and continued to improve orders. However, due to fierce market competition, the overall gross profit margin of the industry has declined, and the company's labor costs and expenses have risen sharply. Net profit is expected to fall by 30%-50% compared with the same period of the previous year. During the reporting period, the impact of non-recurring gains and losses on net profit is estimated to be around RMB 40 million.
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