Long-term Lithium: It is expected that the net profit in the first quarter will be 280 million yuan to 320 million yuan, a year-on-year increase jqknews

On the evening of March 27th,Long-term Lithium BranchRelease Q1 2022performanceAnnouncement, after preliminary accounting by the financial department, it is expected that the company will be in the first quarter of 2022Operating incomeIt is 3.35 billion to 3.45 billion yuan, an increase of 175.77% to 184.00% year-on-year;net profitIt was 280 million to 320 million yuan, a year-on-year increase of 143.00% to 177.72%.

　　Long-term Lithium BranchSaid that the main reasons for the changes in the company’s performance are: first, the company’s automotive lithiumBatteryThe first phase of the cathode material expansion project was completed and put into operation. During the reporting period, the new production capacity was gradually released, and the production and sales of products increased. In addition, the strong market demand has pushed up product prices, and the company’s operating income has increased significantly. Second, with the expansion of the company’s production capacity, the company’s cost control ability has been further improved under the scale effect, and the net profit has increased. The company also reminded that the performance forecast is a preliminary calculation made by the financial department based on its own professional judgment, and has not been audited by a certified public accountant.

(Article source: ChinasecuritiesReport · China Securities Network)

Article source: China Securities Journal China Securities Network

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Original title: Long-term Lithium: It is expected that the net profit in the first quarter will be 280 million to 320 million yuan, a year-on-year increase