A number of companies’ main businesses were prosperous in production and sales, and their profits doubled in the first quarter

Although the repeated epidemic has brought uncertainty to the operation of enterprises, a number of listed companies have achieved stable growth in net profit by relying on deep cultivation of their main business According to the latest performance forecasts released by nearly 10 listed companies, including Keda Industrial Group Co.Ltd(600499) , Snowsky Salt Industry Group Co.Ltd(600929) , Yunnan Yuntianhua Co.Ltd(600096) and others, in the first quarter of 2022, the volume and price of the company’s main products rose simultaneously, and the increase of net profit is expected to exceed 100%.

On the evening of April 6, Keda Industrial Group Co.Ltd(600499) released the announcement on the pre increase of performance in the first quarter of 2022. The company expects the net profit in the first quarter to increase by about 709 million yuan, a year-on-year increase of about 371.91%; After deducting relevant non recurring gains and losses, the net profit is expected to increase by about 693 million yuan, a year-on-year increase of about 388.22%. During the reporting period, the company’s building materials machinery business continued to expand the market, the output of African building ceramics products increased year-on-year, and various main businesses achieved steady development. In addition, due to the rising market price of lithium carbonate products, the net profit of Keda Industrial Group Co.Ltd(600499) joint-stock Company Qinghai Salt Lake Lanke Lithium Industry Co., Ltd. increased significantly year-on-year, resulting in a significant increase in investment income, which has also become the main driver of the company’s performance growth.

Over the same period, Snowsky Salt Industry Group Co.Ltd(600929) issued a performance pre increase announcement. It is estimated that the net profit in the first quarter of 2022 will increase by 83.56 million yuan to 93.56 million yuan year-on-year, an increase of 148% to 166% year-on-year. The main reason for the pre increase of performance is that the company has stable operation, prosperous production and sales, increased volume and price of main products, and improved profitability year-on-year. After deducting non recurring profits and losses, the company’s net profit increased by 254% to 277% year-on-year, and is expected to increase by 111 million yuan to 121 million yuan.

Similarly, thanks to the strong market demand for main products, good dynamic sales in the overall market and rising volume and price, Aima Technology Group Co.Ltd(603529) it is estimated that the net profit in the first quarter of 2022 will increase by 109% to about 317 million yuan; The net profit after deducting non recurring profits and losses was about 325 million yuan, a year-on-year increase of 128%. In the same period, the company comprehensively improved its operation efficiency, and its business performance showed a trend of accelerated growth.

Yunnan Yuntianhua Co.Ltd(600096) it is estimated that the net profit in the first quarter of 2022 will reach about 1.64 billion yuan, with a year-on-year increase of 185.18%. During the reporting period, the company’s large-scale chemical plants realized full load and efficient operation, effectively coordinated the Chinese and international markets, and realized the rational allocation of resources in the two markets. After deducting non recurring profits and losses, the company expects the net profit in the first quarter to reach 1.588 billion yuan, with a year-on-year increase of 1.098 billion yuan.

Jiangsu Yida Chemical Co.Ltd(300721) actively took various effective response measures and adhered to the prevention and control of epidemic situation and the production and operation at the same time, so as to achieve a good performance of double year-on-year growth in the production and sales of alcohol ether and alcohol ether ester products in its main business. In the first quarter of 2022, the company expects the net profit to increase by 73.30% to 143.71% year-on-year, reaching 32 million yuan to 45 million yuan.

Shenzhen Absen Optoelectronic Co.Ltd(300389) announced that the company’s net profit in the first quarter of 2022 was expected to increase by 171.40% to 179.33%, with a profit of 18 million yuan to 20 million yuan, and a loss of 252109 million yuan in the same period last year. During the reporting period, the company achieved an operating revenue of about 493 million yuan, a year-on-year increase of about 34%; The gross profit margin is about 29.7%, an increase of about 6.7% compared with 23.0% in the same period in 2021. The company’s operating income increased significantly year-on-year, reducing the manufacturing cost rate of the factory, showing economies of scale and increasing the gross profit margin.

In addition, there are Zhejiang Conba Pharmaceutical Co.Ltd(600572) , Guangdong Highsun Group Co.Ltd(000861) , Zhejiang Narada Power Source Co.Ltd(300068) and other companies, relying on non recurring profits and losses, which have increased by more than 100% in advance on the basis of stable main business.

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