Liyang shares in 2017 revenue of 90.13 million yuan net profit of 7.91 million yuan

On April 26th, Liyang (870727) recently released its 2017 annual report, showing that its operating income in 2017 was 90,131,300 yuan, an increase of 47.42% over the same period of the previous year; the net profit attributable to shareholders of listed companies was 7,913,100 yuan. Compared with the same period of last year, it increased by 99.79%; basic earnings per share was 0.62 yuan, compared with 0.83 yuan in the same period of last year.

As of 2017, Liyang's assets totaled 59.922 million yuan, an increase of 38.32% from the end of the previous year. The asset-liability ratio was 16.04%, down 8 percentage points from 24.04% at the end of the previous year. The net cash flow from operating activities was -18,500 yuan in the current period, compared with 11.58 million yuan in the same period of the previous year.

During the reporting period, Liyang's operating income increased by 47.42% compared with last year, mainly due to sales growth and sales price increase.

According to the data of the Dibei New Third Board Research Institute, Liyang's main business is the development, production and sale of curtains and curtain accessories and plastic bases.

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