The net profit in 2021 is planned to increase by 10.12 billion yuan year-on-year

Sichuan Mingxing Electric Power Co.Ltd(600101) 3 on the evening of March 30, the annual report of 2021 was released. The company achieved an operating revenue of 1.928 billion yuan in 2021, an increase of 15.58% year-on-year; The net profit attributable to the shareholders of the listed company was 123 million yuan, a year-on-year increase of 76.06%; The basic earnings per share is 0.29 yuan. The company plans to distribute a cash dividend of 0.8 yuan (including tax) to all shareholders for every 10 shares.

For the growth of performance, Sichuan Mingxing Electric Power Co.Ltd(600101) said that it was mainly due to the good water condition in the upper reaches of Fujiang River in 2021, and the spontaneous on grid power in Suining increased year-on-year; The covid-19 pneumonia epidemic in China has been effectively controlled, the resumption of work and production of enterprises and the increase of power demand of new enterprises, and the year-on-year increase of power sales in Suining area; In addition, the profit of the wholly-owned subsidiary’s comprehensive energy service businesses such as electricity and water installation and intelligent operation and maintenance increased significantly.

In the business plan, Sichuan Mingxing Electric Power Co.Ltd(600101) said that in 2022, the company plans to complete 3.95 billion kwh of electricity sales in Suining power supply area, 510 million kwh of spontaneous on grid electricity and 46 million tons of water sales, realizing an operating revenue of 2.128 billion yuan. The company will continue to expand the construction of charging piles, expand the industry and enhance the power of transformation. Make good use of the intelligent operation and maintenance platform, go out of the supply area, promote intelligent maintenance services, and steadily improve the ability of income generation. Actively expand the markets of installation, design, secondary supply of tap water and hotel property, and constantly expand new profit growth points.

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