Tbea Co.Ltd(600089) the net profit in 2021 will increase by 173% – 194%

Tbea Co.Ltd(600089) release performance forecast. It is estimated that the company will realize a net profit of RMB 6.8 billion to RMB 7.3 billion attributable to shareholders of Listed Companies in 2021, with a year-on-year increase of 173.44% – 193.54%; It is estimated that the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses is RMB 5.600 billion-6.100 billion, with a year-on-year increase of 204.98% – 232.21%.

During the reporting period, the sales volume of polysilicon products of the company increased compared with the same period in 2020 and the price of polysilicon products increased significantly year-on-year. At the same time, the scale and power generation of the company’s wind power and photovoltaic self operated power stations increased. The net profit of the company’s holding subsidiary Xinte energy in the reporting period increased significantly compared with the same period last year. The company’s coal sales in the reporting period increased significantly compared with the same period in 2020, the power generation of thermal power generation business increased, and the net profit of the company’s holding subsidiary Xinjiang Tianchi Energy Co., Ltd. in the reporting period increased significantly compared with the same period last year. The revenue of the company’s power transmission and transformation products in the reporting period increased compared with the same period in 2020, and the net profit realized in the reporting period increased compared with the same period last year. The company made special impairment provision for some assets within the scope of the consolidated statements in 2021, reducing the total profit of the company in 2021 by 1033369600 yuan.

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