600578: Beijing Jingneng Power Co.Ltd(600578) : announcement of annual performance loss in 2021

Securities code: 600578 securities abbreviation: Beijing Jingneng Power Co.Ltd(600578) Announcement No.: 2022-04 securities code: 155452 securities abbreviation: 19 Jingdian 01

Securities code: 175249 securities abbreviation: 20 Jingdian 01

Beijing Jingneng Power Co.Ltd(600578)

Announcement of annual performance loss in 2021

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.

Important note: the company expects the net profit attributable to shareholders of Listed Companies in 2021 to be – 2.808 billion yuan to – 3.210 billion yuan. The company expects to be attributable to the shareholders of the listed company in 2021 after deducting non recurring profits and losses

The net profit ranged from -3.292 billion yuan to -3.694 billion yuan.

1、 Performance forecast of the current period

(I) performance forecast period

From January 1, 2021 to December 31, 2021.

(II) performance forecast

1. According to the preliminary calculation of the company’s financial department, the net profit attributable to shareholders of Listed Companies in 2021 is expected to be – 2.808 billion yuan to – 3.210 billion yuan, a decrease of 4.204 billion yuan to 4.606 billion yuan compared with the same period of last year (statutory disclosure data), a year-on-year decrease of 301.15% to 329.94%.

2. In 2021, the net profit attributable to shareholders of listed companies after deducting non recurring profits and losses is expected to be -3.292 billion yuan to -3.694 billion yuan, a decrease of 4.65 billion yuan to 5.052 billion yuan, a year-on-year decrease of 342.42% to 372.02% compared with the same period of the previous year (statutory disclosure data). (III) the performance forecast data has not been audited by certified public accountants.

2、 Performance in the same period of last year

The performance disclosed in the 2020 annual report of the company is as follows:

1. Net profit attributable to shareholders of listed companies: 1.396 billion yuan. Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses: 1.358 billion yuan.

2. Earnings per share: 0.20 yuan.

3、 Main reasons for performance loss in advance in the current period

During the reporting period, the coal price in the market continued to rise, especially when the company undertook the supply guarantee task of “paying as much as it should” in the fourth quarter, the coal price rose sharply and reached an all-time high.

During the reporting period, although the company’s sales electricity price increased, its increase was far lower than that of raw material coal price, which affected the sharp year-on-year decline of the company’s net profit in 2021 and made a loss.

4、 Risk tips

The company has no major uncertainties affecting the accuracy of the performance forecast.

5、 Other explanatory matters

The above forecast data are only preliminary accounting data. The specific and accurate financial data are subject to the 2021 annual report officially disclosed by the company. Please pay attention to the investment risks.

It is hereby announced.

Beijing Jingneng Power Co.Ltd(600578) board of directors January 29, 2002

- Advertisment -