Sichuan Lutianhua Company Limited(000912) : the price of main products increased, and the net profit increased by 17.32% year-on-year in 2021

Sichuan Lutianhua Company Limited(000912) 4 on the evening of April 14, the annual performance express of 2021 was released. In 2021, the company achieved a total operating revenue of 6.753 billion yuan, a year-on-year increase of 20.2%; The net profit attributable to the shareholders of the listed company was 447 million yuan, a year-on-year increase of 17.32%; The basic earnings per share is 0.28 yuan.

As for the reasons for performance changes, Sichuan Lutianhua Company Limited(000912) said that the main reason was that the prices of the company’s main products urea and some chemicals increased in varying degrees compared with the same period of last year. At the same time, the company strengthened safety and environmental protection control and production device maintenance to realize the stable operation of production devices.

On the same day, the company released the performance forecast for the first quarter of 2022. The company expects to realize a net profit of 130160 million yuan attributable to the shareholders of the listed company from January to March 2022, with a year-on-year increase of 156.51% – 215.71%; It is estimated that the basic earnings per share is 0.08 yuan -0.1 yuan Sichuan Lutianhua Company Limited(000912) said that in the first quarter, the company’s sales price of chemical fertilizer and chemical products increased year-on-year, and the production and sales of compound fertilizer products increased year-on-year. At the same time, compared with the same period of last year, the company completed the overhaul and start-up of the device in advance to ensure the stable operation of the device, adjust the product production structure and ensure the full load production of high gross profit products. In addition, the company strengthened internal fine management and effectively reduced product costs and operation and management expenses.

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