Fangda Carbon’s performance report: 2021 net profit of 1.09 billion yuan, a year-on-year increase of 99% – Teller Report

Securities Times e Company News, Fangda Carbon (600516) released a performance report on the evening of March 15. The operating income in 2021 will be 4.652 billion yuan, a year-on-year increase of 31.44%; the net profit attributable to the parent is 1.09 billion yuan, a year-on-year increase of 99.09%; The stock income is 0.29 yuan. In 2021, supported by policy guidance, the downstream market demand has improved, the company’s graphite electrode product prices have risen, and sales revenue has increased. At the same time, the company further promoted refined management, the gross profit margin increased compared with the same period of the previous year, and the profitability of products was enhanced.