Guangdong Advertising Group Co.Ltd(002400) : performance forecast for 2021

Securities code: 002400 securities abbreviation: Guangdong Advertising Group Co.Ltd(002400) Announcement No.: 2022-001

Guangdong Advertising Group Co.Ltd(002400)

Performance forecast for 2021

The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete, and there are no false records, misleading statements or major omissions.

1、 Expected performance of the current period

1. Performance forecast period: January 1, 2021 to December 31, 2021

2. Performance forecast

√ turn loss into profit, rise and fall in the same direction

The current reporting period of the project is the same period of last year

Shares attributable to listed companies

Profit: 150-180 million yuan, loss: 93.22669 million yuan, net profit of Dongdong minus non recurring profit and loss

Profit: 50-70 million yuan, loss: net profit after 968983200 yuan

Basic earnings per share: 0.086-0.103 yuan / share; loss: 0.530 yuan / share

2、 Performance forecast and pre audit

The company has made pre communication with the accounting firm on the performance forecast, and there is no significant difference between the company and the accounting firm in the performance forecast.

This performance forecast has not been pre audited by an accounting firm.

3、 Explanation of performance change reasons

The company’s performance declined in 2020 due to the epidemic situation, industry development trend, macro market economy and other factors, as well as the provision of large amount of bad debts and large amount of goodwill impairment. In 2021, the overall business of the company was improved compared with the previous year, and the influence of factors such as large bad debts and large goodwill impairment was reduced. Therefore, the performance of 2021 turned loss into profit.

4、 Risk tips

This performance forecast is the preliminary calculation result of the company’s financial department, which has not been audited. The specific financial data are subject to the 2021 annual report disclosed by the company. Please make careful decisions and pay attention to investment risks.

It is hereby announced

Guangdong Advertising Group Co.Ltd(002400) board of directors

January 28, 2002

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