CWCG’s net profit achieved 363 million yuan in the first half of 2021, with a year-on-year increase

Byzengjiaming12

Updated Mon, 16 Aug 2021 14:24:52 GMT

    Recently, West Construction (002302) released its 2021 semi-annual performance report. According to the announcement, the company achieved operating revenue of 12,374,435,800 yuan, with a year-on-year increase of 28.86%; its operating profit reached 502.6085 million yuan, increased by 14.43% year-on-year; its total profit reached 507.1293 million yuan, increased by 14.88% year-on-year; 363.0298 million yuan of net profit was attributable to shareholders of the listed company , with a year-on-year increase of 22.82%.

    The announcement said that one of the main reasons for the performance growth is that the company closely followed the national strategy and actively exploited the market. The sales of main products increased by 39% year-on-year, which promoted the year-on-year growth of operating revenue and drove the performance growth. The second is that the company continued to focus on a series of reform plans of state-owned enterprises like "six special projects", to intensify scientific and technological innovation, to improve basic management level, to strengthen production and operation and to strictly control costs and expenses, which achieved the growth of operating performance.