Convergence Technology's net profit for the first half of 2012 increased by 38.80% year-on-year

On July 30, Concentration Technology released the first half of 2012 performance report. During the reporting period, the company achieved a total operating income of approximately 380 million yuan, an increase of 24.71% over the same period of last year; operating profit was approximately 37.33 million yuan, an increase of 15.02% over the same period of last year; total profit was approximately 63.15 million yuan, compared with the same period last year The increase was 45.15%; the net profit attributable to shareholders of listed companies was 54.22 million yuan, an increase of 38.80% over the same period of last year.

As for the reason for the continuous increase in net profit, Concentration believes that the government's investment in the environmental protection field has been further strengthened, the company's core competitiveness and brand effect have been further enhanced, and Beijing Jitian Instrument Co., Ltd. (concentrated by the company in September 2011) The wholly-owned subsidiary) performed well during the reporting period, which enabled the company to maintain steady growth in its main business. Secondly, while the company increased its marketing investment and R&D investment, it also increased sales expenses and management expenses. During the reporting period, the company strengthened. The unified scheduling and management of funds has resulted in significant savings in financial expenses. In the report period, the company actually received a VAT over-tax negative tax rebate, which increased the company's net profit.

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