Zhuzhou Kibing Group Co.Ltd(601636) release performance forecast. It is estimated that the net profit attributable to shareholders of Listed Companies in 2021 will be 4.040 billion yuan to 4.466 billion yuan, with a year-on-year increase of 121.35% to 144.65%. In 2021, the results of continuous supply side reform showed, which promoted the improvement of the prosperity of the glass industry. Although the market confidence was insufficient in the fourth quarter, the demand decreased, the product price fell, and the price of main raw fuels increased, which reduced the product profit space, the volume and price of the glass industry increased throughout the year, and the overall profitability improved significantly. The company’s performance in 2021 is expected to increase significantly compared with the same period last year.
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