Landai Technology Group Corp.Ltd(002765) the pre profit in 2021 exceeded 200 million yuan, with a year-on-year increase of more than 20 times

Landai Technology Group Corp.Ltd(002765) the performance forecast for 2021 was released on January 23. According to the preliminary calculation of the financial department, the net profit attributable to the parent company is expected to reach 200 million yuan to 230 million yuan last year, a sharp increase of 2490.81% to 2879.43% year-on-year; The net profit after deducting non-profit was 130 million yuan to 150 million yuan, an increase of 573.31% to 646.13%, and the earnings per share was 0.35 yuan to 0.40 yuan. In 2020, the company only made a profit of 7.7196 million yuan and a loss of 27.4662 million yuan after deducting non profits.

In the first three quarters of 2021, Landai Technology Group Corp.Ltd(002765) achieved an operating revenue of 2.275 billion yuan, a year-on-year increase of 35.64%; The net profit attributable to the parent company was 177 million yuan, a year-on-year increase of 497.56%; The net profit after deducting non-profit was RMB 115 million, an increase of 2539.20%.

The company said that during the reporting period, the two main businesses of the company – touch display business and power transmission business developed together, and achieved good results, driving the significant growth of the overall performance. Among them, in the touch display business segment, due to the order growth brought by the strong demand in the consumer electronics and automotive electronics markets, taiguan technology and Chongqing taiguan are in full order status, the business scale continues to expand and the operating efficiency is good; In the power transmission business segment, with the remarkable results of customer structure adjustment and product structure transformation and upgrading in recent years, the market share and profitability are rising, and the operating performance has increased significantly year-on-year.

In addition, during the reporting period, the impact of non recurring profits and losses on net profit is expected to be 70 million yuan to 80 million yuan. The company made an appointment to disclose the 2021 annual report on March 22.

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