West Pump's 2013 net profit fell by 27%

On the evening of April 23, Xi Pump shares disclosed the 2013 annual report. During the reporting period, the company achieved operating income of 1.244 billion yuan, an increase of 43.1% year-on-year; net profit attributable to shareholders of listed companies was 25.3 million yuan, a year-on-year decrease of 27.39%; basic earnings per share was 0.26 yuan. At the same time, the company plans to use the undistributed profit to distribute a cash dividend of RMB 2 (including tax) for every 10 shares.

During the reporting period, the rapid growth of the passenger car market and the international market resulted in a substantial increase in sales revenue and a higher completion rate of sales revenue. The lower completion of the company's net profit is due to: continuous investment in project construction, increased financial costs, increased R&D expenses, and increased labor costs.

At the same time, the company disclosed its first quarterly report in 2014. During the reporting period, the company achieved operating income of 379 million yuan, an increase of 40.93% year-on-year; net profit attributable to shareholders of listed companies was 13.33 million yuan, an increase of 9.38% year-on-year; basic earnings per share of 0.14 yuan. .

The company estimates that the range of net profit attributable to shareholders of listed companies during the first half of 2014 ranged from 18.7 million to 25 million yuan, a year-on-year rate of change of -15% to 15%, mainly due to the continuous investment in the construction of various projects and the incomplete production capacity. With the increase in release, research and development costs, and labor costs, the newly developed market has entered the process of supporting the entire vehicle for a long time.