Chongqing Chongqing Sanfeng Environment Group Corp.Ltd(601827) last year’s net profit increased by 71%

On March 31, Chongqing Chongqing Sanfeng Environment Group Corp.Ltd(601827) ( Chongqing Sanfeng Environment Group Corp.Ltd(601827) ), the leading enterprise of waste power generation, released its annual report for 2021. Last year, the company achieved an operating revenue of 5.874 billion yuan, a year-on-year increase of 19.16%; The net profit attributable to the parent company was 1.238 billion yuan, a year-on-year increase of 71.78%; The net profit after deducting non is 1.223 billion yuan, an increase of 76.40%, the basic earnings per share is 0.74 yuan, and it is proposed to pay out 2.22 yuan (including tax) for every 10 shares.

The power generation and on grid power were 4.195 billion kWh and 3.68 billion kwh respectively, with a year-on-year increase of 29.56% and 29.12% respectively.

In 2021, Chongqing Chongqing Sanfeng Environment Group Corp.Ltd(601827) put 10 new waste incineration projects into operation throughout the year, including Chifeng project (phase I), Lu’an project (phase II), Pujiang project, Dali project (phase II), Yingshan project, Aksu project (phase I), Anshan project, Yongchuan project (phase I), Zhuji project and LUOQI (Yulin) project, with an additional treatment capacity of 10450 tons / day.

According to the report, at the end of 2021, Chongqing Sanfeng Environment Group Corp.Ltd(601827) under construction and preparing to build 17 waste incineration power generation projects (including joint-stock projects), with a total design treatment capacity of 14500 tons / day.

We will continue to promote the construction of high-quality waste treatment and operation projects, and continuously improve the quality and cost-effective of the main waste treatment projects in 2027.

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