Guangdonghectechnologyholdingco.Ltd(600673) : the net profit in 2021 is expected to increase by 101% – 137%

Guangdonghectechnologyholdingco.Ltd(600673) (600673) on January 26, the company disclosed the announcement of pre increase of performance in 2021. The company expects to realize the net profit attributable to the shareholders of the listed company in 2021, which will increase by 420 million yuan to 570 million yuan compared with the same period of the previous year, with a year-on-year increase of 101% to 137%; The net profit attributable to shareholders of listed companies will increase by 300 million yuan to 450 million yuan compared with the same period of last year.

According to the announcement, during the reporting period, with China’s economic recovery and the recovery of market demand driven by downstream industries, the company seized the market opportunities and actively reduced costs and increased efficiency through internal deepening reform. The sales volume of the company’s main products in the three major sectors of new electronic materials, alloy materials and chemical products increased significantly, and the volume and price of core products increased simultaneously, The operating revenue and profit of the non pharmaceutical sector achieved higher growth than that of the previous year. The overall performance of the company still showed a year-on-year growth trend under the influence of the obvious decline in the production and sales of the pharmaceutical sector. In addition, during the reporting period, the company planned to sell major assets and related party transactions, selling 51.41% equity of Yichang Guangdonghectechnologyholdingco.Ltd(600673) Changjiang Pharmaceutical Co., Ltd. held by the company. It is estimated that this item will produce large non operating income.

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