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Jiaxing Silk (002404): Net Profit Fell To 31% In The First Quarter.
Jiaxin silk disclosed a quarterly report in April 30, 2020. The company achieved a total revenue of 620 million in the first quarter of 2020, down 31.5% from the same period last year, and realized net profit of 27 million 784 thousand, down 31% compared to the same period last year, and the earnings per share were 0.05 yuan. During the reporting period, the gross profit margin of the company was 18.7%, an increase of 2.6 percentage points compared with the same period last year, with a net interest rate of 4.7%, basically maintaining the same level in the same period last year.
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