On October 24, 2014, JAC Power reported that it had achieved a net profit of 421.280 million yuan in the first three quarters, a year-on-year decrease of 49.55%; and earnings per share of 0.0331 yuan, a year-on-year decrease of 56.84%. From January to September, the company realized operating income of 1.771 billion yuan, a year-on-year decrease of 18.68%.
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JAC Power stated that the strategic transformation of the company is undergoing adjustment and orderly progress. The new industry is still in the investment phase and has not entered the large-scale sustained release period of its performance.
JAC Power stated that the company's net profit decreased mainly due to the year-on-year decline in sales revenue and profits of the company's traditional machinery industry and coal segment due to the impact of the annual industry environment and the company's relocation and integration; in addition, JAC Power's net profit was also affected by the RMB depreciation in the current year. The loss of the contract, as well as the impact of the same period last year on the income from the sale of equity investment.
Multi-function Artificial Grass
Multifunctional artificial grass is a synthetic turf material, usually made of polypropylene, polyethylene, polyurethane and other materials. It has the following characteristics:
1. Strong durability: Multi-functional artificial grass is specially treated to withstand high intensity use and various weather conditions, and is not easy to wear and fade.
2. Good environmental protection: compared with natural grass, multi-functional artificial grass does not need to use pesticides and fertilizers, and will not cause pollution to soil and water.
3. Easy maintenance: Multi-functional artificial grass does not need watering, pruning and fertilizing, and only needs regular cleaning to keep it beautiful.
4. Strong versatility: multi-functional artificial grass can be used in a variety of occasions, such as indoor and outdoor decoration, sports venues, public places, etc.
5. High safety: Multifunctional artificial grass surface is smooth, not easy to slip, more safe for athletes and children.
In short, multi-functional artificial grass is an excellent lawn material, with durable, environmental protection, simple maintenance, multi-functional and other advantages, suitable for various occasions.
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