SHANGHAI, August 28, 2024-

On August 28, Yanpai Filtration Technology Co. (Yanpai) of China released the earnings results for the first half of 2024 from January to June. Revenue grew by 2.48% year on year to 358.56 million yuan ($50.3 million). Net profit attributable to owners of the parent fell by 7.8% to 29.06 million yuan. Net profit attributable to owners of the parent after deducing non-recurring profit and loss dropped by 5.92% to 27.59 million yuan.

Revenue of its nonwoven-related business rose by 5.09% to 18.65 million yuan. Gross profit margin was 27.03%. In terms of regions, revenue from the Chinese domestic market increased by 4.21% to 22.28 million yuan. Gross profit margin was 26%. Revenue from the overseas market was 13.58 million yuan, down 0.24%. Gross profit margin was 38%.

Nonwovens Markets subscribers - click here to read the full article.

Not a subscriber?

Try Nonwovens Markets free!