Home Business Hengdian East Magnetic Performance Report: Net profit in 2021 is 1.114 billion yuan, a year-on-year increase of 9.96% – Teller Report

Hengdian East Magnetic Performance Report: Net profit in 2021 is 1.114 billion yuan, a year-on-year increase of 9.96% – Teller Report

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Hengdian East Magnetic Performance Report: Net profit in 2021 is 1.114 billion yuan, a year-on-year increase of 9.96% – Teller Report
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Hengdian East Magnetics performance report: 2021 net profit of 1.114 billion yuan, a year-on-year increase of 9.96%

2022-02-22 17:45

Source: Securities Times e Company

Author: Xu Qingtianmei

Securities Times · e company

Xu Qingtianmei

2022-02-22 17:45

Securities Times e company news, Hengdian East Magnetic (002056) released a performance report on the evening of February 22. The operating income in 2021 will be 12.605 billion yuan, a year-on-year increase of 55.50%; the net profit attributable to the parent is 1.114 billion yuan, a year-on-year increase of 9.96%; The stock income is 0.69 yuan. With the commissioning of the company’s photovoltaic, lithium battery, magnetic materials and other new projects, the company’s operating income has achieved a relatively rapid growth, but due to factors such as rising raw material prices and skyrocketing shipping costs, product costs have increased and gross profit margins have declined. The growth rate of net profit is smaller than that of operating income.

Disclaimer: Securities Times strives for true and accurate information. The content mentioned in the article is for reference only and does not constitute substantive investment advice. Operational risks are based on this.

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    Hengdian East Magnetics performance report: 2021 net profit of 1.114 billion yuan, a year-on-year increase of 9.96%

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    Xu Qingtianmei

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