Xinwangda's net profit in the first quarter was 115 million yuan, a year-on-year increase of 59 %

On April 26, Xinwangda announced its report for the first quarter of 2018. The report showed that the company's operating income was 3.535 billion yuan, an increase of 59.53 yuan over the same period last year; The net profit attributed to the parent company was 115 million yuan, an increase of 588.1 yuan over the same period last year.

In the first quarter of 2018, the company continued to implement the "PPS" strategy. In the face of the overall decline in shipments and fierce competition in the mobile phone market, the company continued to accumulate R&D inputs and technology, react quickly, have good quality, and ensure stable supply. It has obtained the recognition of customers, deepened cooperation with many international and domestic quality customers, achieved a steady increase in company revenue and net profit, and further consolidated and improved the company's core competitiveness.

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