The New Territories Pump Industry's performance in the first quarter is about 90%~120%

New Territories Pumps (002,532) announced on April 16 that the company expects to realize net profit attributable to shareholders of listed companies from January 1, 2015 to March 31, 2015 at RMB 21,207,100 to 24,628,600, a profit of 1119.48 over the same period of last year. Compared to ten thousand yuan, it will increase 90% to 120%.
The company mainly has five major categories, about 2,000 kinds of specifications of the pump products, to meet the domestic and foreign rural markets on the pump energy saving, corrosion resistance, high head, large flow and other different performance needs.
According to the announcement, the reason for the change in performance was that the company improved the efficiency of production and operation management through the orderly implementation of lean management and enhanced equipment upgrades; through the implementation of a comprehensive budget management system and production cost assessment system, it improved the performance incentive and assessment system and effectively improved The enthusiasm of the company's employees, during the reporting period, the company's gross profit margin improved slightly over the same period last year. The pre-growth shows that the company's strong operating capacity and profitability have a positive effect on the current stock price.

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