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Home > News > Paint & Coating News > Oriental Yuhong 15 projects with a total investment of 24.7 billion have landed and taken root!

Oriental Yuhong 15 projects with a total investment of 24.7 billion have landed and taken root!

soutuliao 2023-04-28

On the evening of April 25, Beijing Oriental Yuhong Waterproof Technology Co., LTD. (hereinafter referred to as "Oriental Yuhong") released the report of the first quarter of 2023. During the reporting period, the operating revenue of Oriental Yuhong was about 7.495 billion yuan, with a year-on-year growth of 18.80%; Net profit attributable to mother was 386 million yuan, up 21.53% year on year; Non-net profit deducted was 324 million yuan, up 9.33% year on year; Basic earnings per share were 0.15 yuan, compared with 0.13 yuan a year ago.

In the first quarter of this year, Oriental Yuhong's operating revenue and net profit year-on-year growth exceeded previous market expectations. With the recovery of the industry and the recovery of the market, as well as the continuous upgrading of downstream customers' demand for construction quality, Oriental Yuhong will give full play to the advantages of product research and development, product quality, product categories, application technology and system service capabilities, brand influence, national production capacity layout and multi-level marketing channel network, and its market share will further increase.

 

In the first quarter report, Oriental Yuhong also announced the progress of overseas investment, production, research and development and headquarters base projects. Fifteen major projects, with a total investment of 24.7 billion yuan, are in continuous progress and some have already been put into production.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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