Seagull's 2020 revenue and net profit will both increase, and it will make efforts to fabricate self-assembled sanitary ware

On April 12, Seagull's 2020 annual report showed that its operating income was 3.34 billion yuan, a year-on-year increase of 29.99%, and the net profit attributable to shareholders of listed companies was 152 million yuan, a year-on-year increase of 16.28%.

According to the announcement, from the perspective of different products, the revenue of hardware leading products was 1.976 billion yuan, an increase of 7.62% year-on-year, and the highest proportion of revenue was 59.15%. The revenue of smart home products was 122 million yuan, an increase of 9.7% year-on-year, accounting for 3.65% of revenue; the revenue of bathtub ceramic products was 214 million yuan, a year-on-year decrease of 10.74%, accounting for 6.39% of revenue. The revenue of complete sanitary ware was 203 million yuan, an increase of 11.02% year-on-year, accounting for 6.09% of revenue. Revenues from custom cabinets and ceramic tiles have increased significantly year-on-year, up 81.05% and 100% year-on-year respectively.

Haiou Zhugong said that in 2020, due to the continuous impact of domestic and foreign epidemics, the company is facing tremendous operating pressure. While resuming work and production, continue to deepen the main business, accelerate the integration of the company's existing resource advantages, make every effort to develop the prefabricated sanitary ware business, and accelerate the process of interior decoration industrialization.