From January to September , the company achieved operating income of 583 million yuan, a yearonyear increase of 18.37%. From January to September , the company achieved net profit of 50.1581 million yuan, a yearonyear increase of 44.82%.
Founder Valve expects its operating income in to be approximately RMB 700 million to RMB 780 million, a yearonyear increase of approximately 3.04% to 14.82%; its net profit attributable to the parent is expected to be approximately poland phone number list RMB 64 million to RMB 71 million, a yearonyear increase of approximately 5.62% to 17.18%; its net profit attributable to the parent after deducting nonrecurring items is expected to be approximately RMB 65 million to RMB 72 million, a yearonyear increase of approximately 10.72% to 22.64%.
During the reporting period, the company's comprehensive gross profit margin was 26.52%, 25.90%, 27.54% and 27.01% respectively, which is not significantly different from comparable companies in the same industry.
Comparison of gross profit margins of companies in the same industry, source: prospectus
Fangzheng Valve's major customers include Technical Supplies International CoLC, China National Offshore Oil Corporation, Wanhua Chemical, Cunado Group, China Petroleum, etc. From January to June , domestic sales revenue accounted for 56.45%, and overseas sales revenue accounted for 43.55%.