On March 25, Tibet Mineral Development Co.Ltd(000762) released the performance forecast for the first quarter. It is expected to achieve an operating revenue of 300 million yuan to 450 million yuan during the reporting period, with a year-on-year increase of 120.39% – 230.58%; The net profit attributable to shareholders of listed companies was RMB 100 million-150 million, with a year-on-year increase of 398.08% – 647.12%.
With regard to the substantial advance increase in performance, Tibet Mineral Development Co.Ltd(000762) mentioned that the company’s business continued to make progress while maintaining stability and its performance increased steadily, especially the rising demand for lithium resources and the rising price of lithium salt products. The company seized the opportunity to increase sales, gradually increased the sales of lithium salt products and significantly increased the profit of lithium business.
On the same day, the company disclosed the performance express of 2021. In 2021, the company realized a net profit of 140 million yuan attributable to shareholders of listed companies, with a year-on-year increase of 388.89%.
Tibet Mineral Development Co.Ltd(000762) said that according to the preliminary statistics of the company, it is expected to receive 9016 tons of lithium concentrate in 2021, with a year-on-year increase of 96%; The annual output of chromite is expected to be 14086463 tons, with a year-on-year increase of 111.65%. In 2021, the output of the company’s two main products increased significantly.
In fact, in 2022, with the deep integration into China Baowu management system, continuous optimization of management system, and gradual strengthening of the construction of one headquarters and multiple bases, Tibet Mineral Development Co.Ltd(000762) establish and improve the budget control system, improve the scientific control ability of comprehensive budget on business activities, and improve the marketing management system.
At the same time, Tibet Mineral Development Co.Ltd(000762) increased efforts to change the current talent structure, actively introduced high-level technical talents, high-quality management talents and high-level skilled workers, deepened the standard deviation index system, guided the improvement of production and operation, achieved remarkable benefits, and the company’s production and operation management changed by leaps and bounds.
