Yahua Group: Strengthening and expanding blasting synthetic diamond business

Abstract The first listed company in Ya'an City and Sichuan Province's civil explosive industry, Sichuan Yahua Industrial Group Co., Ltd. (hereinafter referred to as: Yahua Group) announced the first quarter of 2014 report: the operating income of the report period was 289 million yuan. Year-on-year growth of 18.36%;...
The first listed company in Ya'an City and Sichuan Province's civil explosive industry, Sichuan Yahua Industrial Group Co., Ltd. (hereinafter referred to as: Yahua Group) announced in the first quarter of 2014 that the operating income in the report period was 289 million yuan, a year-on-year. The increase was 18.36%; the net profit attributable to shareholders of listed companies was 35.53 million yuan, up 5.28% year-on-year; the realized earnings per share was 0.074 yuan, and the return on net assets was 1.71%.

The report shows that during the reporting period, Yahua Group's operating income increased by 18.36% year-on-year, mainly due to the recovery of civil explosive demand in Inner Mongolia and Sichuan. The company's market share in the civil explosive equipment in the province increased steadily, and the company's industrial explosives sales increased year-on-year. The growth of subsidiaries such as Kaida Chemical and Inner Mongolia Kodak contributed to the steady growth of performance.

For this year's work, the relevant person in charge of the Yahua Group said that it will speed up the "two developments" of existing industries and blasting services, achieve "three breakthroughs" in technological achievements, new industry development and overseas business, pay close attention to the market and expand sales channels. Accelerate the development of existing industries and blasting business, strengthen and expand the blasting synthetic diamond business, and expand blasting processing projects and other businesses.

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