Guangdong Orient Zirconic Ind Sci And Tech Co.Ltd(002167) (002167) disclosed the performance forecast for 2021 on January 18. The company expects to realize a net profit of 140-180 million yuan attributable to the shareholders of the listed company in 2021, turning losses into profits year-on-year. The announcement shows that in 2021, the zirconium product market gradually warmed up. At the same time, the company acquired Jiaozuo Weina Technology Co., Ltd., the volume and price of the company’s main products increased simultaneously, the product sales revenue and gross profit margin increased greatly, and the competitive advantage of the company’s zirconium industry chain was fully reflected. During the reporting period, the company sold Chaoyang East zirconium New Material Co., Ltd. and recognized the investment income. At the same time, the company completed the non-public offering of shares and equity incentive plan, and the newly increased capital repaid the bank loan, effectively reducing the company’s financial expenses.
© China Stock Market News