The first half net profit of Fuyao Glass increased

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Fuyao Glass's net profit in the first half of the year increased by 16%

Fuyao Glass released its 2015 semi annual report on the evening of August 23. In the first half of this year, it realized an operating revenue of 6.591 billion yuan, an increase of 6.64% year-on-year; The net profit attributable to the shareholders of the listed company was 1.216 billion yuan, a year-on-year increase of 16%; The basic earnings per share is 0.54 yuan

during the reporting period, the company completed the global issuance of H shares and realized the "a+h" capital market pattern; Actively promote the investment and construction of factories in the United States and Russia, and make substantial progress in the layout of globalization; It is determined that "industry 4.0" will be settled in Fuyao and join the "made in China 2025" model enterprise upgrading plan to further enhance the company's global competitiveness; We promoted comprehensive budget management, conducted process reengineering, achieved initial results, and measured revenues and profits accurately and reliably, bucking the trend

in the first half of the year, the company achieved a total operating income of 6.591 billion yuan, 46.08% of the annual plan. During the reporting period, the company's cost rate was 79.99%, 1.1 percentage points higher than the annual planned cost rate control target, mainly due to the company's increased R & D investment and R & D expenses as well as the increase in project start-up costs in the United States

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