Guang Dong Fenghua Advanced Technology (Holding) Co.Ltd(000636) : the net profit in 2021 is expected to increase by 159-179% year-on-year

Guang Dong Fenghua Advanced Technology (Holding) Co.Ltd(000636) (000636) released a performance forecast on January 26, saying that the net profit attributable to shareholders of Listed Companies in 2021 is expected to be 930 million yuan to 1 billion yuan, with a year-on-year increase of 159.26% – 178.78%; The net profit after deducting non recurring profits and losses is expected to be 750 million yuan to 820 million yuan, with a year-on-year increase of 73.78% – 90%; The basic earnings per share is expected to be 1.04-1.12 yuan, and 0.40 yuan / share in 2020.

The company said that during the reporting period, benefiting from the positive impact of the strong market demand for electronic components, the gradual release of the company’s early investment results and the strengthening of control and other comprehensive factors, the production and sales of the company’s main products increased significantly year-on-year, and the operating revenue and profitability of the main products continued to grow year-on-year. In addition, non recurring profit and loss events also have a certain impact on the improvement of the company’s operating performance in 2021.

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