The third quarter net profit of Zhonghuo Zhongshun

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On October 23, Zhongshun jierou Paper Co., Ltd. (hereinafter referred to as "Zhongshun jierou") released the third quarter report of 2019. It said that in the third quarter, it realized an operating revenue of 1.647 billion, a year-on-year increase of 10.21%; The net profit reached RMB 163million, a year-on-year increase of 44.16%

in addition, it was announced that Zhongshun jierou achieved a revenue of 4.82 billion yuan in the first three quarters, an increase of 18.11% year-on-year; The net profit was 438million yuan, a year-on-year increase of 39.96%

according to the data, the R & D expenses of Zhongshun jierou in the first three quarters increased by 44.54% over the same period in 2018, mainly due to the increase in R & D investment. At the same time, due to the reduction of government subsidies received, the non operating income of Zhongshun jierou decreased by 67.18% in the same period of 2018 compared with the places where Americans have made major measures to expand the American middle class, develop their own economy and provide opportunities for all. Due to the increase of payment for goods received and the decrease of payment for materials in the first three quarters, if the process and technology are improved, the net cash flow from the operating activities of Zhongshun jierou increased by 1 compared with the same period in 2018. Heater: screw in heater was 82million, an increase of 2571.45%

it is reported that the main businesses of Zhongshun jierou include R & D, production, processing, sales (including sales) of high-end household paper series products and non-woven products. The products mainly include the two brand series of jierou and Taiyang, focusing on the six categories of rolled paper, coreless rolled paper, pumping paper, paper handkerchief, wet wipes and cotton soft towels, which now have the strength of commercial large-scale production

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