Shareate Tools Ltd(688257) : the net profit in 2021 was about 136 million yuan, with a year-on-year increase of 19.66%

Shareate Tools Ltd(688257) (SH Shareate Tools Ltd(688257) , closing price: 35.64 yuan) according to the annual performance report released on April 19, the operating revenue in 2021 was about 894 million yuan, a year-on-year increase of 22.56%; The net profit attributable to the shareholders of the listed company was about 136 million yuan, a year-on-year increase of 19.66%; The basic earnings per share was 1.8545 yuan, an increase of 11.89% year-on-year. It is proposed to distribute a cash dividend of RMB 5 (including tax) for every 10 shares, without conversion to value-added shares or bonus shares.

From January to December 2020, Shareate Tools Ltd(688257) ‘s operating revenue was composed of: cemented carbide tools accounted for 41.68%, rock drilling tool alloy accounted for 14.44%, cutting tool alloy accounted for 11.18%, diamond coring bits accounted for 8.39%, and wear-resistant parts alloy accounted for 6.69%.

Shareate Tools Ltd(688257) ‘s chairman and president are Wu Hehong, male, 56 years old, with a master’s degree background.

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