CITIC Bo: Net profit in 2021 is expected to decrease by 86.69% to 88.79% year-on-year – yqqlm

Securities Times e Company News, CITIC Bo (688408) announced on the evening of January 28 that it is expected that the net profit attributable to owners of the parent company in 2021 will decrease by 247 million yuan to 253 million yuan compared with the same period of the previous year. A decrease of 86.69% to 88.79%. During the reporting period, affected by the increase in the price of polysilicon, modules and international freight, the installation of centralized photovoltaic power plants around the world was delayed, resulting in a decline in the company’s business income. Factors affecting the company’s main costs, including steel, chips, international freight, etc. have risen sharply, resulting in a significant drop in the company’s gross profit margin and a significant drop in net profit during the reporting period.