Maanshan Iron & Steel Company Limited(600808) on January 28, the announcement of performance increase in 2021 was issued. The company expects to achieve a net profit of about 5.210 billion yuan in 2021, an increase of about 162.73% year-on-year; The deduction of non net profit was about 5.314 billion yuan, with a year-on-year increase of about 257.60%.
In the same period of last year, the net profit of the company was 1.983 billion yuan and the net profit deducted from non net profit was 1.486 billion yuan.
According to the company, the national economy will continue to recover in 2021. Although the iron and steel industry is facing multiple pressures such as “dual control of energy consumption” and power and production restriction, the overall operation trend of the industry is good. With the theme of promoting high-quality development, the company has fully released the production capacity of key production lines, significantly improved the main technical and economic indicators, and showed the effect of lean operation by comprehensively benchmarking and finding differences, striving to be the first, strengthening system linkage and efficient coordination. In 2021, the company’s non recurring profit and loss attributable to shareholders of listed companies was about 104 million yuan, which was mainly caused by the company’s profit and loss on disposal and scrapping of non current assets, government subsidies received and dismissal compensation for negotiating the termination of labor contracts, investment income obtained from relevant financial assets, etc. Compared with 2020, the non recurring profit and loss attributable to shareholders of Listed Companies in 2021 is mainly due to the fact that the disposal and scrapping of non current assets of the company in 2021 is loss and that in 2020 is income.
