Business Results
|
(in million yuan) |
|
FY ended Dec. 31, 2013 |
FY ended Dec. 31, 2012 |
Rate of change(%) |
Factors |
Sales |
2,901.14 |
2,464.39 |
17.72% |
-The sales revenue increased due to main sales growth. |
Operating income |
257.88 |
180.78 |
42.65% |
- |
Ordinary income |
250.61 |
207.71 |
20.65% |
Net income |
218.49 |
183.63 |
18.98% |
Share Transfer
-The Company announced that it transfered the entire 18 percent shareholding in debt-ridden Milacron Plastics Machinery (Jiangyin) Co., Ltd. to Milacron Plastics Technologies Group LLC., its joint-venture partner in the U.S. Jiangnan Mould & Plastic will receive CNY 12 million for the deal. Milacron Plastics Machinery (Jiangyin) was established in 2004 to produce plastic components and their production equipment, dies for non-metal products, and dies and jigs for vehicles and motorcycles. During 2012, it generated sales of CNY 119.85 million and made a loss of CNY 12.42 million. (From an announcement by the company, December 7, 2013)
Award
-The Company was awarded "Best Supplier" from Shanghai GM.