The net profit of carrier holdings increased by 14.3% in 2020 due to the reduction of exhibitions and customer visits due to the epidemic

On April 1, Kaili Holdings (837215) recently released its 2020 annual report. During the reporting period, the company achieved an operating income of 154526813.04 yuan, a year-on-year decrease of 1.03%; the net profit attributable to shareholders of listed companies was 38566998.64 yuan, a year-on-year increase of 14.30%.

开利控股2020年净利增长14.3% 因疫情减少了展会及客户拜访

During the reporting period, the net cash flow from operating activities was 39868675.11 yuan, and the net assets belonging to the shareholders of the listed company was 83995031.25 yuan by the end of 2020.

During the reporting period, other income increased by 268.40%, mainly due to the government subsidies of 1.276 million yuan this year, mainly including subsidies for returning to work due to epidemic situation, social security subsidies, etc., and the government subsidies of 330500 yuan last year, so the increase was relatively large.

The net profit attributable to the shareholders of the listed company was 38566998.64 yuan, up 14.30% year on year, mainly due to the decrease of cost, the change of tax rate and export tax rebate rate, the decrease of exhibitions and customer visits, government subsidies, etc., so the net profit increased.

During the period, the financial cost was 1758263.11 yuan, compared with -309288.37 yuan in the same period of last year. The main reason is the change of exchange rate, which has a great decline. Our exports account for 83.49% of sales, so the exchange rate has a great impact. During the period, the investment income was 1093219.03 yuan, compared with -425561.43 yuan in the same period of last year, which was mainly due to the fact that the original loss of the joint venture turned into profit, and the investment income of 1093219.03 yuan was obtained.

According to, carrier holdings is mainly engaged in R & D, production and sales of personal care appliances such as razors, with manual razors and electric razors as its main products.



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