On February 6, Sailun Jinyu Group released 2017 annual report prediction.
The company reported 13.63 billion yuan of annual revenue in 2017, year-on-year rising by 22.42% compared to the same period of 2016.
At the same time, the company profited 347 million yuan, taking 2.55% of annual report, yearly declining 20.35%.
Minus non - recurring gains and losses, the company reported 295 million yuan, largely declining 18.34% compared to 2016's 361 million yuan.
Due to bad performance in the first half year of 2017, Sailun Jinyu's net profit largely declined, with roaring raw material price at the same time.
