Securities code: 002225 securities abbreviation: Puyang Refractories Group Co.Ltd(002225) Announcement No.: 2022-009 puyangpu high temperature resistant materials (Group) Co., Ltd
2021 annual performance forecast
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without 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. Expected performance: \uf0f0 turn loss into profit \uf0f0 rise in the same direction √ decline in the same direction
The current reporting period of the project is the same period of last year
Profit attributable to listed companies: 62 million yuan – 90 million yuan; Profit: 300.1395 million yuan; net profit of shareholders: 70.01% – 79.34% yuan over the same period of last year
Net profit after deducting non recurring losses: 56.2 million yuan – 84.2 million yuan; Profit: 280.2843 million yuan, a decrease of 69.96% – 79.95% over the same period last year
Basic earnings per share: 0.06 yuan / share – 0.09 yuan / share earnings: 0.29 yuan / share
2、 Communication with accounting firms
This performance forecast has not been pre audited by certified public accountants.
3、 Explanation of performance change reasons
1. During the reporting period, affected by China’s macro business environment and industry cycle, the price of raw materials of the company increased and the sales price of products decreased; At the same time, affected by the continuous spread of covid-19 epidemic, the shortage of shipping containers, the sharp rise of sea freight prices, the sharp decline of the company’s overseas business profits, coupled with the rise of labor costs and other factors, led to the sharp decline of the company’s product gross profit margin, which affected the profits of the current period.
2. During the reporting period, the company increased R & D investment and R & D expenses; At the same time, affected by the expansion of business scale, the management expenses increased, affecting the profits of the current period.
4、 Countermeasures of the company in 2022
1. By the end of 2021, the company has successively signed new sales contracts with Chinese and overseas customers according to the new raw material prices. With the increase of contract prices, the profitability of the company will be improved.
2. The company will increase the control of various expenses in 2022 to improve quality and efficiency.
5、 Other relevant instructions
This performance forecast is the result of the preliminary calculation of the company’s financial department. The specific financial data shall be subject to the 2021 annual report disclosed by the company. Please make careful decisions and pay attention to investment risks.
It is hereby announced.
Board of directors of Puyang PU high temperature resistant material (Group) Co., Ltd. January 29, 2022
