Four factors drive performance growth of FSL 1H16 double year-on-year

In July 10th, FSL disclosed the 2016 performance express of the half of the year. The company achieved 1 billion 756 million yuan in total revenue in 1-6 months of this year, up 15.17% from year to year, and achieved a net profit of 208 million yuan, a year-on-year increase of 107.20%. The net profit was 207 million yuan, which increased by 125.20% over the same period. In 2016, the main financial data FSL said, under the situation of the macroeconomic depression and the increasingly fierce competition in the industry, the company management, under the leadership of the board of directors, accelerated its own adjustment and innovation, followed up and adapted to the market changes in time, increased the expansion of product lines and sales areas, and strictly controlled the development of the product line and sale area. To make the cost of the company to reduce the cost, the company's main business has maintained a good trend of sustained growth. For the substantial increase in net profit of the company, the company explained four reasons: 1, growth in business income increased profits; 2, strengthened cost control, increased product gross interest rate; 3, control operation cost, reduced cost expenditure; 4, this period asset reduction plan reduced 10 million 770 thousand yuan compared with the same period last year and the same period last year plan raised. The indemnity of the securities false statement liability lawsuit is 14 million 167 thousand and 700 yuan.