The price of raw materials rose to the fourth quarter, and the profit in the first quarter of 2018 dropped slightly.

Abstract On April 24th, Henan Sifangda Superhard Materials Co., Ltd. released the first quarterly report of 2018. The company realized operating income of 79.124 million yuan, an increase of 25.86% over the same period of last year; realized operating profit of 12.37 million yuan, a decrease of 2. .

On April 24, Henan Sifangda Superhard Materials Co., Ltd. released the first quarterly report of 2018. The company realized operating income of 79,122.4 thousand yuan, an increase of 25.86% over the same period of last year; realized operating profit of 12,375,500 yuan, a decrease of 20.38% over the same period of last year.

The report pointed out that affected by the 2018 equity incentive plan cost sharing, RMB appreciation, rising raw material prices and other factors, the net profit attributable to shareholders of listed companies was 10,073,600 yuan, a decrease of 17.80% over the same period last year.

Future prospects

Henan Sifangda Superhard Materials Co., Ltd. will continue to focus on composite superhard materials, promote and guide the replacement of composite superhard materials and hard alloy substitution, deepen the concept of multiplication of performance, increase product market share, promote the construction of Sanhua, adopt multiple ways More ways to reduce operating costs, improve operational efficiency; increase market investment and promotion of fundraising project products, orderly promote the company's strategic development plan, so that business performance and scale maintain steady growth; relying on the listed company's platform industry advantages, upstream and downstream The extension of the industrial chain, the use of asset management, capital operation two-wheel drive strategy, so that the four parties to a complete range of products, complete industrial chain, domestic leading, world-class composite superhard materials and products suppliers.


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