Home » News » Company News » Progressive CANLON | Revenues up 81.78% and net profit up 104.03% over the same period! What are the highlights of CANLON's first quarter report?

Progressive CANLON | Revenues up 81.78% and net profit up 104.03% over the same period! What are the highlights of CANLON's first quarter report?

Views: 0     Author: Site Editor     Publish Time: 2021-05-17      Origin: Site


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On 27 April 2021, CANLON released its first quarterly report for 2021. During the reporting period, the Company achieved operating revenue of RMB445,138,300, representing an increase of 81.78% over the same period of the previous year, and net profit attributable to shareholders of the listed company of RMB54,154,900, representing an increase of 104.03% over the same period of the previous year.


During the reporting period, the Company based on the overall strategic development plan, and steadily, orderly and efficiently pushed forward various tasks. Around the annual operation plan, the Company accelerated market development, improved internal management, strengthened scientific research and innovation, and enhanced its comprehensive competitiveness. During the reporting period, the Company achieved relatively rapid growth in business scale, operating income and operating results.

The year 2021 marked the tenth anniversary of CANLON's establishment, and the 81.78% growth in the same period laid a good foundation for the company to make a new start in development, and also strongly continued the reputation of "CANLON's speed".


At present, CANLON's production bases in Suzhou, Jiangsu, Tangshan, Hebei, Huanggang, Hubei and Nanchong, Sichuan have been put into operation one after another, and production bases in Guigang, Guangxi and Suqian, Jiangsu are under construction, with production bases able to radiate most of the market areas in East China, North China, Central China, Southwest China, South China and Northwest China. The company invested 1.5 billion yuan in Suzhou, covering an area of 188 acres of polymer industrial park, when completed and put into operation will further consolidate the company's leading position in the field of polymer waterproofing.


In addition, CANLON's long-term strategic partnerships with more than 50 real estate brands and win-win partnerships with more than 500 distributors have together laid the market foundation for the next few years, allowing the collection business and sales channels to tend to grow more steadily.


Passing through 70th anniversary of the founding of New China, witnessing the grand plan of the Yangtze River Delta ecological green integrated development demonstration zone, responding to the scientific decision of the country's high-quality development, ushering in the opening year of the 14th Five-Year Plan, CANLON shares sticks to craftsmanship, aims for the goal unswervingly, keeps on continuous innovation and breakthroughs to achieve better waterproofing quality.


From the information above, do you have a further understanding of CANLON, a national high-tech enterprise integrating R&D. manufacturing, sales and construction services of waterproofing?In addition, we also produce Likfix Anti Sagging Polyurethane Waterproofing Coating, PVC/TPO Roofing Membrane, MPU Polyurethane Waterproof Coatins.For each material, we have a strict process and quality control, If you want to know more, please pay attention to our company.

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