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    Haining Leather City Achieved Business Income In The First Half Of 559 Million

    2010/8/21 12:35:00 38

    Haining

      

    Haining

    Leather City

    [41.06-1.42%] (002344) semi annual report shows that the company achieved 559 million operating income in the first half of the year, an increase of 107.24% over the same period last year, and a net profit of 120 million yuan, up 133.89% over the same period last year.

    The company is expected to belong to 1-9 months in 2010.

    Listed company

    Shareholders' net profit will increase by 170%-200% over the same period last year.


    Data show that the first half of this year's performance in Haining city mainly came from shops and supporting property sales.

    Company business and property rental, hotel services, merchandise sales three business revenue grew steadily, an increase of 30.4%, 28.64% and 43.48%, respectively, while business and supporting property sales business revenue increased significantly, an increase of 257.42% over the same period.


    Haining leather city said that it is the main reason for the company's growth to accelerate the implementation of the strategy of "increasing internal extension" with the opportunity to raise funds in listing.


    In the first half of this year, Haining leather city "internal increase" project solid progress, raise investment project Leather City three phase Eastern block to deliver on time and contribute to the company benefit, western block construction and basically completed investment; leather city four phase fur square project completed

    Attract investment

    We will use the over raised fund to realize the four phase project of wholly owned leather city.

    The "extension" project was accelerated. The construction of Tong Er Bao Leather City Project in Liaoning was pushed forward on schedule, and the investment and housing selection work was successfully completed. The two phase project of Tong Er Bao was achieved, and the holding of Jiangsu Leather City in Shuyang was completed. Henan Xinxiang Haining Leather City project was established.


    Statistics show that 1-6 months, Haining leather city passenger traffic reached 1 million 607 thousand passengers, an increase of 3.01% over the same period.


    Industry sources said that Haining Leather City in the first half of the year has focused on optimizing the one or two phase of market commodity structure, and promoted the improvement of market management level; with Shanghai World Expo Dongfeng, Haining leather city is expected to further enhance its popularity and influence.

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