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Net profit of solar cable in the first quarter increased by 110% over the same period of last year by 26.04 million yuan.

6 years ago 1536 0 News

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By the end of the reporting period, the net assets of the shareholders of the listed company attributed to solar 


cable were 1,371,969,075.77 yuan, an increase of 2.61% over the end of last year, and the net cash flow generated 


by operating activities was -225,072,252.37 yuan, an increase of 12.31% over the end of last year.


The net cash flow generated by the company's business activities during the reporting period was 31.585 million 


yuan less than the same period of last year, which was mainly due to an increase of 264.1321 million yuan in cash 


received from selling goods and providing services in the first quarter of 2019, an increase of 173.282 million 


yuan in cash paid for purchasing goods and receiving services, an increase of 20.7495 million yuan in taxes and 


fees paid, and an increase of 20.495 million yuan in other payments and operations over the same period of last 


year. Activity-related cash increased by 35.1496 million yuan over the same period last year. The net cash flow 


generated by business activities increased by 12.31% over the same period last year due to the combined effect of 


four factors.


The data show that the main business of solar cable is the production and manufacture of electric cables and 


cables. The main products are power cablesspecial cables, construction cables, equipment cables, data cables, 


overhead cables and so on. The products are mainly used for transmitting electric energy, transmitting 


information and manufacturing all kinds of indispensable equipment for motors, electrical appliances and meters.

If you have any interest in our cable products, you can email us at info@zmscable.com or contact us via the 


"Contact Us" section of the website.


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