Sichuan Road & Bridge Co.Ltd(600039) : there are enough orders on hand, and the net profit in 2021 increased by 78.72% year-on-year

Sichuan Road & Bridge Co.Ltd(600039) 3 on the evening of March 2, the annual performance express of 2021 was released. The company achieved a total operating revenue of 84.516 billion yuan in 2021, with a year-on-year increase of 30.64% (the same below after restatement); The net profit attributable to the shareholders of the listed company was 5.41 billion yuan, a year-on-year increase of 78.72%; The basic earnings per share is 1.13 yuan.

According to the announcement, the reason for the restatement is that during the reporting period, the company completed the acquisition of 51% equity of Hangyan company, 51% equity of Zhenjing company and 51% equity of Sichuan railway construction company under the same control, and restated the financial data of the previous year according to the accounting treatment requirements of business merger under the same control in the accounting standards for business enterprises.

In 2021, the company has sufficient orders on hand. As for the reasons for the change of performance, Sichuan Road & Bridge Co.Ltd(600039) said that during the reporting period, the company improved its market development and operation ability and increased the number of high-quality construction projects; At the same time, the company continues to improve the project management level, actively reduce costs and increase efficiency, so as to gradually improve the profitability of the project; In addition, the company accelerated project change, material difference adjustment and strengthened industrial coordination.

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