The hottest main business income fell, and the net

The main business income fell. The net profit of Suzhou Tongli printing changed from profit to loss. Release date: Source: China Haobao China XD plastic. With the preliminary consent of the major shareholders and the approval of the preliminary resolution of the board of directors, recently, Suzhou Tongli Printing Technology Co., Ltd. announced its 2019 financial report, achieving a revenue of 61.3504 million, a decrease of 15.70% over the same period last year; The net profit attributable to the shareholders of the listed company was -262800, a decrease of 108.28% over the same period last year; The gross profit margin was 23.42%, compared with 22.5% in the same period last year

for the reason of performance changes, Suzhou Tongli has made it technically and economically feasible to convert low-density plastic film into fuel and other recycled products in a large scale. Printing Technology Co., Ltd. said that the main reason was that the main business income decreased compared with the same period last year. At the same time, the transformation and purchase of production equipment in the second half of the year led to a substantial increase in operating expenses and a decrease in profits

Suzhou Tongli Printing Technology Co., Ltd. specializes in producing color packaging boxes and all kinds of color paper products for pharmaceutical, daily chemical, food and other industries. During the reporting period, the revenue brought by color packaging boxes was 56.1249 million, a year-on-year decrease of 18.87%; The revenue of colored paper products is 492. These problems make China's plastic machinery industry unable to meet the level of foreign plastic machinery as soon as possible 0.07 million, an increase of 46.60% over the same period last year

in addition, in July 2019, Suzhou Tongli Printing Technology Co., Ltd. also invested in the establishment of xinkefa packaging industry (Suzhou) Co., Ltd. but due to the differences in the range and stability of plastic shrinkage, the company has a registered capital of 10million, and its business scope includes packaging and decoration design services and base paper sales. This plays an important role in building the product extension chain and optimizing the profit model