Chongqing Shunbo Aluminum Co.Ltd(002996) 4 on April 15, the company issued the announcement of pre increase of performance in the first quarter of 2022. According to the preliminary calculation of the financial department, the company is expected to realize the net profit attributable to the parent company of 108139 million yuan from January to March this year, with a year-on-year increase of 37.10% – 77.42% and earnings per share of 0.25-0.32 yuan. In the first quarter of 2021, the company’s profit was about 78.5 million yuan and earnings per share was 0.18 yuan.
In this regard, the company said that thanks to the upgrading of production capacity and output of Hubei Shunbo, the advantages of the company’s national multi regional comprehensive layout have been consolidated and improved, the service and sales expansion ability for existing customers and some new customers have been continuously enhanced, the sales volume has increased slightly, and the sales price has also increased compared with the same period last year, driving the improvement of profitability. In addition, during the reporting period, the government subsidies received by the company increased year-on-year, of which the estimated amount of non recurring profits and losses is about 36 million yuan.
Looking forward to 2022, Chongqing Shunbo Aluminum Co.Ltd(002996) said that relying on the steady development of its own recycled aluminum business, it will continue to expand the layout of production areas and products, continuously enrich the application fields of products, continuously improve China’s market share and profitability, and continuously consolidate and enhance its comprehensive strength and industry influence; At the same time, adhere to the coordinated development strategy of “recycled cast aluminum alloy + recycled deformed aluminum alloy + aluminum ash hazardous waste disposal”, make full use of China’s capital market, seize the favorable opportunity of industry integration and development, and strive to promote the layout activities in key areas and key applications of the recycled aluminum industry, so as to continuously strengthen and expand.
According to the 2022 financial budget report and business plan prepared by the company, the company reasonably expects the year-on-year growth rate of operating revenue and net profit in 2022 to be 15% – 30% and 15% – 40% respectively.
