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Beijing Oriental Yuhong Waterproof Technology: Net profit plunged 95% on lower revenue and high provisions, but cash flow and dividends remained strong
Beijing Oriental Yuhong Waterproof Technology: Net profit plunged 95% on lower revenue and high provisions, but cash flow and dividends remained strong
About this update from Beijing Oriental Yuhong Waterproof Technology Co., Ltd. Class A
Revenue fell 14.52% and net profit dropped 95.24% year-over-year due to credit loss provisions and asset impairments, but operating cash flow rose 64.39%. The company maintained a high dividend payout and completed significant share buybacks, while focusing on risk control and overseas expansion.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.