IPO enterprise Huayi Garden's 2017 net profit of 65.86 million year-on-year growth of 36%

On April 11, IPO Enterprise Huayi Garden (430459) released its 2017 annual report. The company achieved revenue of 668 million yuan in 2017, a year-on-year increase of 21.33%, and net profit of 65.864 million yuan, an increase of 36.04%.

According to the annual report, the growth of Huayi Garden's revenue mainly comes from the increase in income from landscape projects, mainly due to the increase in construction income in Anhui Province. The increase in the company's net profit was mainly due to the increase in revenue and the increase in gross profit margin by 1.75 percentage points.

At the same time, the company plans to propose a profit distribution plan for 2017: based on the total share capital as of the equity registration date, a cash dividend of 0.6 yuan will be distributed to every 10 shares of all shareholders, and a total of 7.2 million yuan will be distributed.

Rhino Star (ipo3.com) self-selected stocks show that Huayi Garden is mainly engaged in the construction, protection and management of landscape architecture; planning, design and research and development of gardens and tourism landscapes; production and sales of garden plants and non-botanical forest materials.

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