On February 8, the company released the performance express for 2021. In 2021, the company achieved an operating revenue of 7.974 billion yuan, a year-on-year increase of 5.24%; The net profit attributable to the shareholders of the listed company was 471 million yuan, a year-on-year increase of 158.89%; The non net profit deducted was 440 million yuan, a year-on-year increase of 166.13%.
Jinduicheng Molybdenum Co.Ltd(601958) is the largest professional molybdenum supplier in Asia and the world leader. The main production bases are distributed in Shaanxi (Xi’an, Weinan, Huazhou), Ruyang, Henan, Zibo, Shandong, Jinzhai, Anhui and other places. It has an integrated industrial chain of molybdenum mining, beneficiation, smelting, chemical industry, metal processing, scientific research and trade. It is the only molybdenum production enterprise in the world with an integrated industrial chain of upstream and downstream. It mainly produces more than 20 kinds of high-quality molybdenum products in three series: molybdenum metallurgical charge, chemical industry and metal processing. It is widely used in iron and steel smelting, petrochemical industry, aerospace, national defense and military industry, electronic lighting, biomedicine and other fields.
Jinduicheng Molybdenum Co.Ltd(601958) said that during the reporting period, the main reason for the growth of the company’s operating performance was the year-on-year rise in the price of molybdenum market outside China. The company further optimized the product sales structure, strengthened cost control and management, and achieved a significant increase in profitability. Moreover, the base in 2020 was relatively small, so the change proportion was large.
