Beijing News (reporter Zheng Mingzhu) on April 14, Lhasa Beer parent company Tibet Galaxy Science and Technology Development Co., Ltd. (hereinafter referred to as "*ST Xifa") disclosed the 2020 annual performance express, reporting that the company achieved a total operating income of 405 million yuan in 2020, an increase of 27.32% year-on-year; achieved a net profit attributable to the shareholders of listed companies of 14.0213 million yuan, a year-on-year turnaround, an increase of 104.21%, a loss of 333 million yuan in the same period last year.
*ST Xifa said that the company's beer sales in 2020 have increased significantly compared with 2019, and the profit growth of the main business is one of the important factors for the company to turn losses into profits in 2020.
On the evening of the same day, *ST Xifa released the first quarter of 2021 performance forecast, the company is expected to achieve a net profit loss attributable to the shareholders of the listed company in the first quarter of this year of 4.4534 million yuan to 6.6802 million yuan, the same period last year loss of 22.9061 million yuan, a significant year-on-year loss.
*ST Xifa said that the change in results in the first quarter of 2021 was mainly due to the company's non-actual use of interest expenses recognized by borrowings, as well as interest expense arising from the issuance of commercial acceptance bills and external guarantee commercial acceptance bills, which were included in non-operating expenses and financial expenses for the current period. Among them, the interest expense formed by the company's debts due to the lawsuit was the main reason for the non-recurring profit and loss in the first quarter, and the non-recurring profit and loss recognized in the first quarter was expected to be -7 million yuan to -10 million yuan.
Beijing News reporter Zheng Mingzhu picture Screenshot of oriental wealth APP
Edited by Xu Jingjing Proofreader Zhao Lin