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Yulong shares in 2021 is expected to net profit of 367 million - 448 million yuan year-on-year increase of 213% - 282% commodity prices rose

author:Finance

On January 20, Yulong Co., Ltd. (601028) released its 2021 annual performance forecast: it is expected that the net profit attributable to the shareholders of the listed company in 2021 will be 367 million yuan to 448 million yuan, an increase of 249.7675 million yuan to 330.7675 million yuan compared with the same period of the previous year, an increase of 213.05% to 282.15% year-on-year.

According to the announcement, the performance forecast period is from January 1, 2021 to December 31, 2021, and the net profit attributable to the shareholders of the listed company in 2021, net of non-recurring gains and losses, is expected to be 367.00 million yuan to 449.00 million yuan, an increase of 250.2719 million yuan to 332.2719 million yuan compared with the same period of the previous year, an increase of 214.41% to 284.65% year-on-year.

The pre-increase in performance for the current period is mainly affected by the growth of the main business. During the reporting period, the domestic and international economies recovered steadily, the market demand was strong, trading was active, and commodity prices continued to rise. On the basis of steady operation, the company has continuously optimized its product structure, concentrated resources to expand products with stronger profitability and better stability, and significantly improved the gross profit margin of commodity trade such as coal, agriculture and forestry. In summary, during the reporting period, the company's performance achieved substantial growth year-on-year.

According to the data of the digging shell network, Yulong Co., Ltd. is mainly engaged in bulk commodity trading business, and the business scope has covered non-ferrous and precious metals, agricultural and forestry products, chemicals, coal, oil products, mineral products and other bulk commodities.

This article originated from the digging shell network