As of August, Q Technology (01478.HK) gross profit margin rose from 14.9% in the year-ago period to 16.8%. The Chairman He Ningning said at the press conference that the gross profit margin was higher than its peers mainly due to the high automation, effective and transparent internal operation, lowering the inventory turnover days. Meanwhile, it adopted direct procurement and sales business model, and had high proportion of products with high gross profit. In the future, the company will continue launching highly efficient and innovative products, such as the 20-megapixel cameras, in a bid to maintain or increase the gross profit margin level.
CITIC Annual Net Profit Up 1.8% to $43.902B; Final Div $0.25 CITIC (00267.HK) -0.160 (-1.447%) Short selling $8.89M; Ratio 25.055% announced that for the year ended December 2017, net profit rose 1.8% yearly to $43.902 billion, with an EPS of $1.51. A final dividend of $0.25 was declared. Profit contribution from financial sector of the company amounted to $39.5 billion, up 3% yearly. CITIC Construction continued to make inroads securing projects, both domestically and internationally, particularly along the Belt and Road corridor.
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