Boshen Tools' net profit for the first three quarters was 76,579,200, a year-on-year increase of 56%

Abstract On October 23, Boshen Tools released the third quarterly report of 2018. The company realized operating income of 806 million yuan from January to September 2018, a year-on-year increase of 111.83%. The general equipment industry has disclosed that the average operating income growth rate of individual stocks in the third quarter is 18.85. %;...

On October 23, Boshen Tools released the third quarterly report of 2018. The company realized operating income of 806 million yuan from January to September 2018, up 111.83% year-on-year; the general equipment industry has disclosed that the average operating income growth rate of individual stocks in the third quarter is 18.85%. The net profit attributable to shareholders of listed companies was 765.792 million yuan, a year-on-year increase of 56.15%. The general equipment industry has disclosed that the average net profit growth rate of individual stocks in the third quarter is 31.21%; the company's earnings per share is 0.18 yuan.

The company stated that during the reporting period, Changzhou Jinniu Grinding Co., Ltd. was included in the scope of consolidation, and the company added profit contribution from the coated abrasives business.

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