Tongyu Communication Inc(002792) : the net profit in 2021 was about 41.12 million yuan, a year-on-year decrease of 42.09%

Tongyu Communication Inc(002792) (SZ Tongyu Communication Inc(002792) , closing price: 12.56 yuan) released the annual performance express of 2021 on April 22, with an operating revenue of about 1.387 billion yuan, a year-on-year decrease of 8.13%; The net profit attributable to the shareholders of the listed company was about 41.12 million yuan, a year-on-year decrease of 42.09%; The basic earnings per share was 0.12 yuan, a year-on-year decrease of 42.86%. The company has comprehensively checked and analyzed the impairment signs of relevant asset values in the consolidated statements as of December 31, 2021, tested by asset category, accrued asset impairment reserves for assets that may have asset impairment losses, and evaluated the expected credit losses of accounts receivable. The company plans to withdraw various credit impairment reserves of RMB 4.1322 million in 2021, with a total of RMB 289466 million. The main reason for the increase or decrease of relevant projects reaching more than 30%.

From January to June 2021, Tongyu Communication Inc(002792) the operating revenue is composed of 81.23% of communication antennas and RF devices, 10.26% of optical communication and 8.5% of others.

Tongyu Communication Inc(002792) ‘s chairman is Wu Zhonglin, male, 55, with a master’s degree background.

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