Hainan Mining Co.Ltd(601969) 3 disclosed the annual performance express of 2021. During the reporting period, the company achieved a total operating revenue of 4.119 billion yuan, a year-on-year increase of 49.04%; The net profit attributable to the shareholders of the listed company was 874 million yuan, a year-on-year increase of 513.55%, realizing a substantial increase. The total assets of the company at the end of the reporting period were 10.899 billion yuan, a year-on-year increase of 27.95%.
During the reporting period, the company actively grasped the favorable opportunity of the overall upward cycle of bulk commodities such as iron ore, oil and gas, timely paid attention to the market situation, adjusted the product structure, reasonably arranged the production plan, continuously improved the fine management level of the production system, timely and appropriately adjusted the sales price of increased products, and realized the increase of the company’s sales revenue and profit in the current period. Meanwhile, ROC Oil Company Pty Limited, the holding subsidiary of the company, acquired 100% equity of ROC oil (Chengdu) Co., Ltd. (the company name before the acquisition was EOG resources China Limited) in May 2021, further improving the profitability of the company. In addition, the increase in the fair value of the company’s secondary market stock investment in the reporting period has made a certain contribution to the company’s profit growth.
