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Yongxing material's net profit in the first quarter of 2021 increased by 60% - 70% year on year

  • Thursday, April 15, 2021
  • Source:ferro-alloys.com

  • Keywords:Yongxing materials
[Fellow]According to the performance forecast released by Yongxing materials on April 14, the net profit attributable to shareholders of Listed Companies in the first quarter of 2021 is expected to be 118.5042 million yuan to 125.9107 million yuan, an increase of 60% ...

【ferro-alloys.com】

  According to the performance forecast released by Yongxing materials on April 14, the net profit attributable to shareholders of Listed Companies in the first quarter of 2021 is expected to be 118.5042 million yuan to 125.9107 million yuan, an increase of 60% - 70% over the same period of last year. Among them, the net profit after deducting non recurring profits and losses is expected to be 85.065 million yuan to 91.8702 million yuan, an increase of 150% - 170% over the same period of last year. The expected increase in the first quarter was mainly due to the good production and sales of lithium new energy business, which greatly improved the profitability; the new material business of special steel was stable and good, and the production and sales increased significantly year on year.

  According to the preliminary accounting data released on the same day, in 2020, its operating revenue increased slightly while its profit decreased. Among them, the net profit attributable to the shareholders of listed companies was nearly 258 million yuan, a year-on-year decrease of about 24.91%.

 

  • [Editor:Catherine Ren]

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