In 2020, the net profit of snow health will increase by 87.18%, and the sales of new fans and other products will keep growing

On April 1, SINOSURE health (834706) recently released its 2020 annual report. During the reporting period, the company achieved an operating revenue of 272882524.11 yuan, a year-on-year increase of 6.93%; the net profit attributable to shareholders of listed companies was 38849364.53 yuan, a year-on-year increase of 87.18%.

士诺健康2020年净利增长87.18% 新风机等产品销售均保持增长

During the reporting period, the net cash flow from operating activities was 62262653.65 yuan, and the net assets belonging to the shareholders of the listed company was 298175321.92 yuan by the end of 2020.

During the reporting period, the operating revenue was 272882500 yuan, up 6.93% year-on-year. The company’s business grew steadily. The sales of three filters of air compressor remained stable. The sales of cold dryer, suction dryer, fresh air fan and other products kept growing. The three filters of air compressor in the company’s traditional business contributed a lot to the company’s profits.

The administrative expenses decreased by 655800 yuan, or 3.78%, of which the labor cost decreased by 334500 yuan, or 6.08%, mainly due to the reduction of social security; the consulting service fee decreased by 256600 yuan, or 40.07%, mainly due to the reduction of external consulting services affected by the epidemic.

During the period, the financial expenses were 924279.58 yuan, a year-on-year decrease of 501400 yuan, a decrease of 35.17%, mainly due to the decrease of interest expenses.

According to our data, sinohealth has been committed to air purification and treatment from compressed air filtration system, industrial dust removal filtration system, engineering machinery filtration system to civil fresh air and air filtration system. Its main products include fresh air system, super air system, air purifier, three filter elements of air compressor, special lubricating oil and post-treatment of air compressor Equipment.



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