Luyang Energy Conservation (002088.SZ) net profit attributable to the mother in the first three quarters increased by 82.03% year-on-year to 404 million yuan

Zhitong Financial APP News, Luyang Energy Conservation (002088.SZ) announced that the company achieved operating income of 2.285 billion yuan in the first three quarters of 2021, an increase of 51.49% year-on-year; Net profit attributable to shareholders of listed companies was RMB404 million, an increase of 82.03% year-on-year; Net profit attributable to shareholders of listed companies, net of non-recurring gains and losses, was RMB393 million, an increase of 78.57% year-on-year; Basic earnings per share were RMB0.80 per share.

During the reporting period, the operating income increased by 51.49% over the same period of the previous year, mainly due to the increase in product sales in the reporting period. Finance expense increased by 152.98% over the same period of the previous year, mainly due to the increase in interest expense in the reporting period. Net profit increased by 82.03% over the same period of the previous year, mainly due to the increase in product sales and the increase in gross profit during the reporting period.