Guangdong Highsun Group Co.Ltd(000861) recently released the performance forecast for the first quarter of 2022. The company expects to realize a net profit attributable to the parent company of 102 million yuan in the first quarter, with a year-on-year increase of 676.69%.
The company said that in the first quarter, the net profit attributable to the parent company increased significantly year-on-year, mainly because the company accelerated the sales progress of the real estate business and effectively improved the company’s performance; At the same time, through the transfer of 100% equity of Guangzhou Panyu Youli Toys Co., Ltd. and Zhaoqing guangheng Lighting Co., Ltd., the stock assets were revitalized and the net profit increased.