March 25,Cathay Pacific GroupRelease 2021performanceExpress, the company achieved during the reporting periodOperating income1.988 billion yuan, a year-on-year increase of 13.29%;net profitIt was 242 million yuan, a year-on-year increase of 25.78%; the non-net profit after deduction was 219 million yuan, a year-on-year increase of 29.21%.
The main reasons for the changes in the company’s performance are: During the reporting period, the prices of the main raw materials for the company’s civil explosive products continued to rise. The industrial explosives, detonating tubes and industrial detonating cords of the commercial products have implemented two upward price adjustment policies since August and November 2021; 2 Affected by the policy of comprehensive promotion of digital electronic detonators, the company’s industrial detonator product structure has further improved during the reporting period. Optimization, the company’s digital electronic detonator production and sales have increased, and market penetration has accelerated; the company’s non-civil explosive industry operating efficiency has improved, the company’s holding subsidiary Beijing Taige Times Automation System Equipment Co., Ltd. has completed its three-year performance commitment, and its holding subsidiary, Jiangxi Yongning Technology Co., Ltd. The revenue and profit scale of the responsible company and Jiangxi Tuohong New Materials Co., Ltd. have increased significantly.
(Article Source:securitiesDaily Network)
Article source: Securities Daily Network
Responsible editor: 65
Original title: Cathay Pacific Group released the 2021 performance bulletin to achieve a non-net profit of 219 million yuan, a year-on-year increase of 29.21%
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