Xinfengming Group Co.Ltd(603225) net profit in 2021 will increase by 257% – 290%

Xinfengming Group Co.Ltd(603225) release performance forecast. It is estimated that the net profit attributable to the shareholders of the listed company in 2021 will increase by 1546955100 yuan to 1746955100 yuan compared with the same period of the previous year, with a year-on-year increase of 256.52% to 289.69%. During the reporting period, the volume and price of the company’s products rose simultaneously, and the price of upstream raw materials showed an upward trend as a whole, supporting the overall rise of the company’s product price, the downstream textile demand continued to grow steadily, the company’s products maintained a good product raw material price difference, and the company’s overall profitability increased significantly compared with the same period of last year.

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