Hexun Stock 25th News Dehao Runda (002005) released the interim report on Wednesday night. From January to June 2010, the company achieved a net profit of 20,501,900 yuan, an increase of 915.95%.
In the first half of this year, the company's operating income was 1.074 billion, a year-on-year increase of 55.42%; basic earnings per share was 0.06 yuan, an increase of 500%.
According to the company, the reason for the large increase in net profit is that the orders for small household appliances have rebounded considerably and the profit contribution from the LED business invested by the company in the previous year has been relatively large. In addition, the subsidiary Shenzhen Ruituo sponsors the Shanghai World Expo display rental business to realize other businesses. The income is 100 million yuan.
In addition, the wholly-owned subsidiary Wuhu Dehao Runda (002005) Optoelectronics Technology Co., Ltd. received government subsidies in July, deducting the income tax impact and contributing current profits of about 189 million yuan. The company expects net profit from January to September. The year-on-year growth rate was 640%-670%. The net profit for the same period last year was 30.125 million yuan.
Dehao Runda closed at 20.63 yuan on Wednesday, down 0.86%.
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