NEWS & EVENTS
NEWS & EVENTS
2014 Performance Report Conference in Hong Kong attracts investors and media
On April 1, Wang Hanjun, president of Beijing Urban Engineering Design Research Institute Co., Ltd., Cheng Yan, vice president of the company, Yang Xiuren, chief engineer of the company, and other related people attended the 2014 Performance Report Conference of Beijing Urban Engineering Design Research Institute Co., Ltd. in Hong Kong. The conference attracted more than 50 investors and mainstream media in Hong Kong.
At the very beginning, Cheng Yan gave an introduction to the operating statement of the company in 2014. Then, Wang Hanjun, Cheng Yan and Yang Xiuren answered the questions of the investors and the media, creating an enthusiastic interaction atmosphere.
The company had a good performance in 2014. By December 31, 2014, the company’s income had reached RMB3.346 billion, with a year-on-year increase of RMB423 million (14.5%), while it was RMB2.923 billion last year. The net profit reached RMB 351 million, with a year-on-year increase of RMB115 million (48.7%), while it was RMB236 million last year. The gross margin reached RMB754 million, with a year-on-year increase of RMB168 million (28.7%), while it was RMB586 million last year. Comprehensive gross margin rate raised from 20.0% to 22.5%. The EPC project has made significant progress.
The next day, the stock price of the company had a sharp rise from 4.59 to 5.53, with an increase of up to 20%. Such good performance should be due to the consistent adherence of the company to the correct strategic development direction as well as the joint efforts of the management and all the other staff of the company.
After the conference, the mainstream media of Hong Kong, including Wen Wei Po, Sing Pao, Ta Kung Pao, Hong Kong Commercial Daily, AASTOCKS.com and Etnet, made reports on it. (See the attached reports.)
