Jiangsu Tongrun Equipment Technology Co.Ltd(002150) revenue increased by more than 30% last year

The performance express was released on the evening of February 23. The announcement shows that in 2021, the company achieved an operating revenue of 1.913 billion yuan, a year-on-year increase of 34.33%; The net profit attributable to the shareholders of the listed company was 148 million yuan, a year-on-year increase of 11.44%.

Jiangsu Tongrun Equipment Technology Co.Ltd(002150) said that during the reporting period, the company’s total operating revenue increased by 34.33%, mainly due to: first, the export orders of metal toolbox cabinet business and electromechanical sheet metal business maintained growth, and the electrical switchgear business in China increased year-on-year; Second, due to the sharp rise in raw materials, the company raised the price of main products in the second half of the year, which also increased the operating revenue. During the reporting period, due to the sharp fluctuation and rise of raw material prices, the continuous rise of labor costs, the increase of logistics costs caused by the lack of international shipping capacity, the continuous appreciation of RMB and other adverse factors, the comprehensive gross profit margin decreased, which affected the profitability of the company.

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