Anning Co., Ltd.: The market of titanium concentrate and vanadium ilmenite concentrate is improving, and the net profit in 2021 is expected to increase by 100%-114% year-on-year _ Oriental Fortune Network

　　Anning sharesThe 2021 annual release will be released on the evening of January 11performanceAnnouncement, the company is expected to be attributable to listed companies in 2021shareholderofnet profit1.4 billion yuan to 1.5 billion yuan, a year-on-year increase of 99.84%-114.11%; it is expected to achieve a net profit of 1.355 billion yuan to 1.455 billion yuan after deducting non-recurring gains and losses, a year-on-year increase of 98.39%-113.04%; basic earnings per share are expected to be 3.49 yuan -3.74 yuan.

　　Anning sharesMainly engaged in the mining, washing and sales of vanadium-titanium magnetite, the main products are titanium concentrate and vanadium-titanium iron concentrate. The company has abundant vanadium titanomagnetite resources.

For the reasons for changes in performance,announcementAccording to the report, during the reporting period, the market of titanium concentrate and vanadium-iron-iron concentrate was improving, the price of titanium-iron concentrate rose sharply year-on-year, and the price of vanadium-iron-iron concentrate also increased to a certain extent. at the same time,company investmentEarnings rose year-on-year. The company also further strengthened internal management, improved efficiency and brought about performance growth through the method of “strengthening management and changing management ideas”.

(Article source: ChinasecuritiesReport · China Securities Network)

Article source: China Securities Journal China Securities Network

Responsible editor: 91

Original title: Anning Co., Ltd.: The market for titanium concentrate and vanadium ilmenite concentrate is improving, and the net profit in 2021 is expected to increase by 100%-114% year-on-year