Shanghai New Huang Pu Industrial Group Co.Ltd(600638) on January 28, the announcement of annual performance reduction in 2021 was disclosed. During the reporting period, the company expects to realize a net profit of 113 million yuan, a year-on-year decrease of 57.90%; Deduct 78.62 million yuan of non net profit, an increase of 7.68% year-on-year.
According to the company, the main reason for the performance reduction in the current period is that the company reversed the credit impairment loss of prepayments accrued in previous years through debt restructuring in the previous year, increasing the net profit attributable to shareholders of listed companies by 237.4 million yuan. This year, the company completed the debt restructuring, reversed the prepayment, and the remaining accrued credit impairment loss was 66.5941 million yuan, increasing the net profit attributable to the shareholders of the listed company by 36.5941 million yuan. The reversal of credit impairment affected the company’s net profit attributable to shareholders of Listed Companies in this year, which decreased by 20.8059 million yuan compared with the same period of last year.
