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On October 29, Kingfa Science and Technology released the report for the third quarter of 2019: from the beginning of 2019 to the end of the reporting period: the operating income was 20,376,130,6530 yuan, an increase of 85% over the same period of the previous year; the net profit attributable to shareholders of the listed company was 944,403,3965 yuan, an increase of 944,403,3965 yuan over the previous ye.
The announcement shows that at the end of this reporting period: total assets were 28,447,063,1882 yuan, an increase of 265% over the end of the previous ye.
From the beginning of 2019 to the end of the reporting period: the net cash flow from operating activities was 1,872,438,2272 yuan, an increase of 4112% over the same period of the previous year; the basic earnings per share was 3573 yuan per sha.
It is understood that the net cash flow from operating activities was RMB 1,872,438,2272, an increase of 4112% over the same period of the previous year; mainly due to the inclusion of Ningbo Kingfa in the scope of consolidation and the increase in discounted bills during the reporting peri.
Kingfa's main business is the research and development, production and sales of new chemical materia.
