On the evening of April 24, Shuangxiang Co., Ltd. released its first quarterly report for 2023. During the reporting period, it achieved revenue of 288,465,430.26 yuan, a year-on-year decrease of 9.50%, and the net profit attributable to shareholders of listed companies was 6,592,846.24 yuan , an increase of 210.78% year-on-year. The announcement shows that the net profit of the current period increased by 12,544,103.56 yuan over the same period of the previous year, mainly due to the profit contribution of Chongqing Shuangxiang Microfiber, a wholly-owned subsidiary of the current period.
According to the data, as an enterprise with the production capacity of superfine fiber ultra-real leather and polyurethane synthetic leather, Shuangxiang is the only one in the industry to undertake and complete the "National 863 Plan Project" - ultra-fine It is an enterprise engaged in the research of key technologies of fiber ultra-real leather, and has successively undertaken a number of national and provincial major scientific research projects such as the National Excellent Torch Program Project and the Jiangsu Provincial Major Scientific and Technological Achievement Transformation Project. The company has obtained dozens of national invention patents, and has undertaken and participated in the drafting and revision of 30 national standards and industry standards. The enterprise certified by the logo has been awarded the title of "China Microfiber Synthetic Leather Innovation Research and Development Base" by China Plastics Processing Industry Association.
The previous 2022 annual report showed that Shuangxiang achieved a total operating income of 1,392,960,194.35 yuan, a decrease of 5.24% over the same period of the previous year, and a net profit attributable to shareholders of listed companies of 45,453,001.71 yuan, a decrease of 190.03% over the same period of the previous year .
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