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Guangdong Yizumi Precision Machinery Co.
, Ltd.
("Yizumi" for short) released its 2020 performance report
.
Yizumi Gaoli Headquarters
Among them, the income of injection molding machines by product is about 2.
01 billion yuan, the income of die-casting machines is about 430 million yuan, and the income of other products is about 280 million yuan; according to the region, the domestic income is about 2.
20 billion yuan, and the overseas income is about 520 million yuan.
; Distinguish downstream by customer industry, 3C, packaging and other industries have risen significantly
.
The main factors that affect the company's performance are:
(1) At the beginning of 2020, due to the impact of the new crown pneumonia epidemic, the company and upstream and downstream enterprises in the industry have been delayed in resuming work and production, and the company's daily business activities have been impacted; as the domestic epidemic has been effectively controlled, the domestic market, especially the domestic market for injection molding machines, is rapidly increasing.
Recovery, while doing a good job in epidemic prevention and control, the company has taken a number of measures to restore the company's production and operation in an orderly manner, and the company's operating income has increased significantly
.
(2) The company's operating profit increased significantly, mainly due to the substantial increase in operating income, and at the same time, the gross profit margin increased due to the scale effect, and the expense ratio decreased
.
(3) With the continuous expansion of the company's production capacity and scale and the continuous increase in research and development efforts, the company's research and development expenses, employee compensation and financial expenses increased compared with the same period of the previous year
.
(4) The increase in equity investment income and the increase in government subsidies received in the current period will have a positive impact on the overall profit in 2020
.
