Huaibei Mining Holdings Co.Ltd(600985) : net profit of 4.78 billion yuan in 2021, with a year-on-year increase of nearly 40%

Huaibei Mining Holdings Co.Ltd(600985) ( Huaibei Mining Holdings Co.Ltd(600985) ) released the annual performance express of 2021 on March 22. During the reporting period, the company achieved an operating revenue of 64.961 billion yuan, a year-on-year increase of 24.27%; The total profit was 6.043 billion yuan, a year-on-year increase of 40.87%; The net profit attributable to shareholders of listed companies was 4.78 billion yuan, a year-on-year increase of 37.82%. At the end of the reporting period, the total assets of the company were 73.464 billion yuan, a year-on-year increase of 9.63%; The owner’s equity attributable to the listed company was 27.2 billion yuan, an increase of 27.2% year-on-year; The net assets per share attributable to shareholders of listed companies were 10.99 yuan, a year-on-year increase of 12.19%.

Huaibei Mining Holdings Co.Ltd(600985) said that the main reasons for the growth of the company’s operating revenue and profit in 2021 include: China’s economy continued to recover in 2021, the coal market demand was strong, and the sales prices of the company’s main products such as commercial coal and coke increased compared with the same period; The production and sales volume of commercial coal of the company increased slightly compared with the same period.

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