Guangzhou sea's net profit increased revenue fell 13. 6%

Guangzhou reported for wave has released late today, the company in the first half net profit of ten thousand yuan, compared to the same period last year. %; Basic earnings per share. Yuan, year-on-year increase %; Return on equity. %, year-on-year increase. Two percentage points. In addition, the total income for business. One hundred million yuan, compared to the same period last year dropped. %。 Major financial data of guangzhou sea calls a year in the first half of the supplies of raw materials prices follow the oil price fluctuations, appeared in the second quarter after quarter back margin rebound, rising raw material prices, cause certain influence to the industry profits. Because sales channels on the distribution of customers for the price of supplies phenomenon is outstanding, directly affect the sales of supplies manufacturing enterprises, in order to maintain sales, each big supplies companies take the way of promotion price cut to market competition, to occupy the sales channels, increased the pressure of the market. Guangzhou waves calls, develop various during the first half of the nansha commodity organization preparation work before construction, process has been completed with the total plane design work, social supporting partners to develop, geological exploration, nansha in the examination and approval of construction work is in with all its strength. Guangzhou sea calls a revenue decline is mainly due to the partial products sales business caused by atrophy.