Revenue increased 1.4 times in half a year! Intech continues to expand into the global market

Many cross-border e-commerce companies have released their semi-annual reports, which are mixed. However, in the current market competition where cross-border e-commerce companies mainly sell clothing, shoes and hats, home appliances and other products, Intech Medical has opened up the market with personal protective products and presented relatively impressive growth data in the first half of the year.

According to the company's semi-annual report, its revenue in the first half of the year was 10.674 billion yuan, a year-on-year increase of 139.88% ; its non-net profit was 5.85 billion yuan, a year-on-year increase of 204.29%; its profit attributable to shareholders of listed companies was 5.879 billion yuan, a year-on-year increase of 205.98%; its operating cash flow was 6.682 billion yuan, a year-on-year increase of 158.69% , with overall significant growth.

As the epidemic recurs, the demand for personal protective equipment continues to rise. According to relevant statistical analysis, the global disposable glove market was 652.7 billion in 2020 and will reach 1210.3 billion by 2025. According to the report, the company's sales volume is the largest in disposable nitrile gloves, accounting for 50.0%, followed by disposable PVC gloves and latex gloves.

As a listed company, Intech's investment scale and cycle are relatively smooth. At the same time, the company's glove production line is independently developed and designed . As it says, it has competitive advantages in technology and funds. In addition, its advantages in resources, team and marketing are also obvious. Currently, Intech's business has spread to more than 120 countries and regions around the world, and the cumulative number of customers served has exceeded 10,000.

The company has been committed to the production and research and development of disposable gloves. As the world's leading supplier of disposable non-latex gloves, its nitrile gloves have replaced latex gloves as mainstream products, and are widely used in medical care, food processing and other fields. By the end of June this year, the company's annual production capacity of latex gloves had reached 51 billion.

In addition to its main product, disposable non-latex gloves, the market for Intech Medical's rehabilitation care products such as electric wheelchairs, manual wheelchairs, walkers, masks, disinfectants, etc. is also expanding.

Inco

Half-year revenue