Sichuan Road & Bridge Co.Ltd(600039) : the number of high-quality construction projects increased, and the net profit in 2021 increased by 66.34% year-on-year

Sichuan Road & Bridge Co.Ltd(600039) on the evening of January 17, the announcement on the advance increase of performance in 2021 was issued. It is expected that the net profit attributable to the shareholders of the listed company in 2021 will increase by 2.007 billion yuan compared with the same period of the previous year, with a year-on-year increase of 66.34%; It is expected that the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses will increase by 1.918 billion yuan, a year-on-year increase of 65%.

The announcement shows that the pre increase of performance in 2021 is mainly due to the impact of main construction business. In 2021, the company will improve its market development and operation capacity and increase the number of high-quality construction projects; At the same time, the company continues to improve the project management level, actively reduce costs and increase efficiency, so as to gradually improve the profitability of the project; In addition, the company accelerated contract management such as project change and material difference adjustment, resulting in a significant increase in net profit. It is worth noting that the company has sufficient orders on hand, and the operating revenue in 2021 has increased significantly compared with the previous year.

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