Jiaxin Silk (002404): Net Profit Increased By 50% - 100% In Advance In 2022

Jiaxin Silk (002404) released the annual performance forecast for 2022 on January 30. During the reporting period, the net profit attributable to shareholders of the listed company was 196.11 million yuan - 261.48 million yuan, an increase of 50% - 100% over the same period of the previous year; Basic earnings per share is 0.35 yuan/share - 0.46 yuan/share.

The company has achieved great results through measures such as increasing customer development efforts, optimizing customer structure, and arranging overseas and inland supply chains. The scale of clothing export business has further expanded, and the main business income and profit have increased significantly year on year. At the same time, the RMB depreciation factor has increased the company's foreign trade business income.

According to the data, Jiaxing Silk has been deeply involved in the silk industry for nearly 40 years. It is one of the largest silk product production and marketing enterprises in China. At present, it has developed a comprehensive silk industry system integrating R&D, manufacturing, foreign trade, brands, supply chain management, financial services, asset management and other advantageous resources and business means.