Ruyi Wool Spinning Revenue In The First Half Of 598 Million, An Increase Of 2.14% Over The Same Period

On August 23rd, Shandong Ruyi woolen garment group Limited by Share Ltd released its semi annual report in 2019.

According to the report data, the company's revenue in the first half of the year was 598 million yuan, an increase of 2.14% over the same period last year. The net profit attributable to shareholders of listed companies was 50 million 600 thousand yuan, an increase of 74.95% over the same period last year. Net profit attributable to shareholders of listed companies after deducting non recurring gains and losses was 36 million 500 thousand yuan, an increase of 215.20%; meanwhile, the net assets attributable to shareholders of listed companies were 2 billion 643 million yuan, up 1.44% from the end of last year.

It is understood that the company's main business includes worsted fabric and clothing design, production and sales business, textile and garment technology research and development, promotion and so on. At the same time, we have set up a complete set of technological innovation system, which is a state-level high-tech enterprise. It has the first national R & D center, the national new product development base of wool textile industry, academician workstation, postdoctoral workstation and other scientific research bases.

At the same time, the company's product "Ruyi" brand worsted fabric has more than 1000 varieties, nearly 10000 kinds of colors. In addition, the company has been producing and marketing the wool spinning industry for more than forty years. The product development mode of product designers and customers has been set up. Establish a direct sale network and implement a settlement system that is in line with international standards. With a large number of international brand terminal customers, products are sold to Japan, Korea, the United States, Italy, France, Britain, Germany, Hongkong, Taiwan and other more than 20 countries and regions.