Securities code: Shandong Cynda Chemical Co.Ltd(603086) securities abbreviation: Shandong Cynda Chemical Co.Ltd(603086) Announcement No.: 2022006 Shandong Cynda Chemical Co.Ltd(603086)
Announcement of performance increase in the first quarter of 2022
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
Shandong Cynda Chemical Co.Ltd(603086) (hereinafter referred to as “the company”) is expected to realize a net profit attributable to shareholders of the listed company of 73 million yuan to 78 million yuan in the first quarter of 2022, which is expected to increase by 52.301 million yuan to 57.301 million yuan compared with the same period of last year, with a year-on-year increase of 252.67% to 276.83%.
In the first quarter of 2022, the company expects the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses to be 669572 million yuan to 719572 million yuan, which is expected to increase by 471063 million yuan to 521063 million yuan compared with the same period of the previous year, with a year-on-year increase of 237.30% to 262.49%. 1、 Performance forecast of the current period
(I) performance forecast period
January 1, 2022 to March 31, 2022.
(II) performance forecast
1. According to the preliminary calculation of the company’s financial department, the net profit attributable to the shareholders of the listed company is expected to be 73 million yuan to 78 million yuan in the first quarter of 2022, which is expected to increase by 52.301 million yuan to 57.301 million yuan compared with the same period of last year, with a year-on-year increase of 252.67% to 276.83%.
2. The company expects that the net profit attributable to shareholders of listed companies after deducting non recurring profits and losses in the first quarter of 2022 will be 669572 million yuan to 719572 million yuan, an increase of 471063 million yuan to 521063 million yuan compared with the same period of the previous year, a year-on-year increase of 237.30% to 262.49%.
(III) this performance forecast has not been audited by an accounting firm.
2、 Performance in the same period of last year
The net profit attributable to the shareholders of the listed company in the first quarter of 2021 was 20.699 million yuan; The net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses was RMB 198509 million.
3、 Main reasons for performance changes in the current period
In the first quarter of 2022, the company’s business situation is good, and the performance growth mainly comes from the growth of operating business profits, mainly due to:
(I) the main products of the phase I project of Liaoning Xianda Agricultural Science Co., Ltd., a wholly-owned subsidiary, reached production capacity, the production units operated at high load, and the production capacity was released, which reduced various costs year-on-year and greatly improved the profitability. (II) the sales price of the company’s main products increased in varying degrees compared with the same period.
4、 Risk tips
The company has not found any major uncertain factors affecting the accuracy of the performance forecast.
5、 Other explanatory matters
The above forecast data are only preliminary accounting data. The specific and accurate financial data shall be subject to the first quarter report of 2022 officially disclosed by the company. Please pay attention to the investment risks.
It is hereby announced.
Shandong Cynda Chemical Co.Ltd(603086) board of directors April 11, 2022
