Home » Look ahead!Tongling Nonferrous Metals: Net profit in the first quarter of 2022 is expected to be 615 million yuan, a year-on-year increase of 60.51% | Daily Economic News

Look ahead!Tongling Nonferrous Metals: Net profit in the first quarter of 2022 is expected to be 615 million yuan, a year-on-year increase of 60.51% | Daily Economic News

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Look ahead!Tongling Nonferrous Metals: Net profit in the first quarter of 2022 is expected to be 615 million yuan, a year-on-year increase of 60.51% | Daily Economic News

Every time an AI alert is sent,Tongling Nonferrous Metals (SZ 000630, closing price: 4.36 yuan) released a performance forecast on the evening of April 14. It is expected that the net profit attributable to shareholders of listed companies in the first quarter of 2022 will be 615 million yuan, a year-on-year increase of 60.51%; basic earnings per share are 0.0584 yuan . The main reason for the change in performance is that the prices of the company’s main products, cathode copper and sulfuric acid, have risen sharply year-on-year. Especially since the middle and late March, the prices of smelting and processing fees and sulfuric acid have risen significantly. In mid-to-late March 2022, the new crown pneumonia epidemic situation in Tongling area was relatively severe. The company’s subordinate mines and factories implemented closed production, and the overall logistics arrangement was subject to certain restrictions, which has now returned to normal.

The chairman of Tongling Nonferrous Metals is Yang Jun, male, 53 years old, with a master’s degree; the general manager is Jiang Peijin, male, 52 years old, with a master’s degree.

1. In the past 30 days, Tongling Nonferrous Metals’ northbound capital holdings decreased by 49.2587 million shares, accounting for a 0.46% decrease in the proportion of tradable shares;
2. No agency has conducted research on Tongling Nonferrous Metals within the past 30 days;
3. According to the forecast of Tongling Nonferrous’s net profit by major securities companies, the average forecast net profit of Tongling Nonferrous in the first quarter of 2022 is 844 million yuan. Tongling Nonferrous’ net profit in the same period last year was 383 million yuan.

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(Reporter Jia Yunke)

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