Far East Smarter Energy Co.Ltd(600869) in 2021, the pre profit was 460 million yuan – 550 million yuan, turning losses into profits year-on-year

Far East Smarter Energy Co.Ltd(600869) release performance forecast. It is estimated that the net profit attributable to the shareholders of the listed company will be 459.5 million yuan to 551 million yuan in 2021. The loss in the same period of last year was 1691.3669 million yuan. During the reporting period, the company’s operating revenue and profitability increased steadily; The company’s three major businesses of smart cable network, smart battery and smart airport are in good operation, and the impairment loss of related assets has decreased significantly year-on-year; In the fourth quarter of 2021, the company disposed of 100% equity of Shanghai Aineng Power Engineering Co., Ltd., which affected the net profit of shareholders of the listed company by about 146 million yuan.