The Recycler
  • Static Control June 2022 Masthead Ad
  • Katun March Web Advert 2021
  • https://www.ecs-uk-ltd.co.uk/partner-us?utm_source=tr-636x124-8&utm_medium=didiad
  • Biuromax Web banner June 2022

Hubei Dinglong sees income rise but profits drop

Hubei Dinglong sees income rise but profits drop

August 20, 2021

The company has reported its latest half-yearly results recording an operation income increase of 35.18%.

For this latest reporting period, Hubei Dinglong recorded operating income of ¥1.096 billion ($169 million/ €144 million), a 35.18% increase year-on-year. Net profit attributable to shareholders was ¥91.41 million ($15 million/ €12 million), a year-on-year decrease of 54.1%.

Hubei Dinglong explained that during the reporting period, the sales revenue increased significantly, mainly due to the continuous increase in the market share of mature products on the client side, and the gradual increase in new products. The company added that it continued to improve the production process to ensure production yield, improve production efficiency, and reduce raw material loss. During the reporting period, the company achieved timely delivery of orders.

Hubei Dinglong said that sales of toner powder continued to maintain steady growth, and the gross profit margin of toner sales remained stable during the reporting period.

The sales of remanufactured ink cartridges increased by 37.44% year-on-year, and revenue and profits increased significantly year-on-year.

Sales volume of toner cartridges increased by 11.86% year-on-year, domestic and foreign e-commerce purchases increased, and the proportion of e-commerce sales increased. Hubei Dinglong added that “due to the overcapacity in the toner cartridge market, the profitability of the company’s toner cartridge business has yet to be continuously improved.”

Categories : City News

Tags : Business Financials Hubei Dinglong Sales

  • GM Tech Web ad September 2022
  • IR Italiana Web ad January 2021
  • GPI September 2022 Web Ad
  • Ink Tank September 2022 Web banner
  • Aster July 2022 Web banner
  • Static Control June 2022 Big & Bold Ad
  • Mito Web Ad September 2022
  • Apex Web Ad September 2022
  • PCL Web ad January 2021
  • HYB Web banner
  • CET June 2022 Web ad
  • Zhono September 2022 Web Ad
  • CTS New Ad March 2022
  • ITP Web ad January 2021
  • CTS New Ad March 2022
  • ITP Web ad January 2021
  • CET June 2022 Web ad
  • HYB Web banner
  • PCL Web ad January 2021
  • Zhono September 2022 Web Ad
  • CET June 2022 Web ad
  • ITP Web ad January 2021
  • PCL Web ad January 2021
  • CTS New Ad March 2022
  • Zhono September 2022 Web Ad
  • HYB Web banner

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2021 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark