Yunnan Copper Co.Ltd(000878) 3 on the evening of March 29, the annual report of 2021 was released. In 2021, the company achieved an operating revenue of 127058 billion yuan, a year-on-year increase of 43.99%; The net profit attributable to the shareholders of the listed company was 649 million yuan, an increase of 71.00% year-on-year; The basic earnings per share is 0.38 yuan. The company plans to distribute a cash dividend of 2 yuan (including tax) to all shareholders for every 10 shares.
For the growth of operating revenue, the company said that it was mainly due to the rise of product prices and sales volume.
The annual report shows that in 2021, the company produced 1347300 tons of cathode copper, a year-on-year increase of 2.92%; 18.12 tons of gold were produced, with a year-on-year increase of 7.19%; 675.62 tons of silver were produced, with a year-on-year increase of 8.68%; 4.6338 million tons of sulfuric acid were produced, a year-on-year decrease of 0.60%. The output of cathode copper, gold and silver hit another record high.
At the same time, the company accelerated the disposal of inefficient and ineffective assets, continuously improved the quality of assets, strengthened the management of enterprises according to law, achieved remarkable results in risk prevention and control, and laid a more solid foundation for the company's high-quality development. During the reporting period, the company's asset liability ratio decreased by 4.35 percentage points year-on-year, its net assets increased by 12.91% year-on-year, and the net inflow of operating cash exceeded 4.8 billion yuan for two consecutive years.
