On the evening of March 29, Kennede Electronics Mfg.Co.Ltd(002723) ( Kennede Electronics Mfg.Co.Ltd(002723) ) released the annual report of 2021. The company achieved an annual operating revenue of 1.321 billion yuan, an increase of 21.24% year-on-year; The net profit attributable to the parent company was 179901 million yuan, and the net profit after deduction was 126914 million yuan, an increase of 547.15% year-on-year. At the end of the year, the total assets reached 2.192 billion yuan, a year-on-year increase of 47.14%.
In 2021, facing the complex situation outside China, Kennede Electronics Mfg.Co.Ltd(002723) combined with the development status and trend of the industry, stabilized overseas business and increased the development of Chinese customers. In the whole year, the company achieved a total revenue of 731 million yuan from small household appliances business, an increase of 3.25% year-on-year, and 589 million yuan from construction business, an increase of 54.70% year-on-year. With Kennede Electronics Mfg.Co.Ltd(002723) continuously promoting the depth of business diversification strategy in recent years, the strength of the company’s “small household appliances + engineering construction” business system has been further improved, which has effectively resisted the risk of single market fluctuation and brought good business development potential. The company also actively plays the role of extension development, and continues to explore new business areas and profit points through investment and M & A of cooperative enterprises. At present, the company has arranged electronic atomizer, air purification filter material, steam eye mask, medical and health management and other fields.
