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The annual net profit of two listing Corporations of Group keeps the top 3 in industries

Views:     Published: 2014-04-30
        In mid to late April, the two listing corporations, which cover80% of assets and persons in group, release the 2013 annual report one after another, both of them keep the top 3 in industries. In 2013, the net profit of Xinxing Ductile Iron Pipes Limited by Share now belonging to parent company is 1.031 billion, the net profit of Jihua Limited now belonging to the parent company is 948million. Each  of them is ranked in No.2 and No.3 in industry respectively.
      It further shows in the annual report, revenues of Xinxing Ductile Iron Pipes Co., Ltd in 2013  is 63,014 million, year-on-year growth of 7.14% , operating cost of it is 59,932 million, growth of 8.47% year on year; Revenues of Jihua Limited is 26,718million, growth of 0.87% year on year; The basic earnings per share is 0.25, growth of 13.64% year on year.
        In 2013, the outstanding performance of the two listing corporations is the epitome of all enterprises. All enterprises in Group cope with the changes of the macro-economic environment actively. Facing some adverse effects, such as the difficulty in world economic recovery, obviously the slowdown in domestic economic growth and industry profits, they seriously study and implement the spirit of the Eighteen and the Third Plenary Session of the Eighteen, closely around planning objectives of “The Twelfth Five-year plan” and “enhance two, advance three” strategic of transformation and upgrading, firm confidence, overcome difficulties, build consensus and struggle tenaciously. Especially, they really push the party's educational practice of the mass line, realize two sides of activities and operation, and promote synergy. Achievements of activities are reflected in the detailed practice of good and rapid development. A lively situation of “good atmosphere, high morale in team,  development with energy and popularity in enterprise” is formed. It has condensed positive energy for implementing the 2013 budget plan.