Xinao Shares: Net profit of 293 million yuan in 2021, a year-on-year increase of 93.47% – Teller Report

Securities Times e company news, Xinao shares (603889) released a performance report on the evening of March 10, operating income in 2021 will be 3.47 billion yuan, a year-on-year increase of 52.65%; net profit is 293 million yuan, a year-on-year increase of 93.47%; basic earnings per share 0.57 yuan. In 2021, the textile industry will pick up, and the price of raw material wool will return to stable fluctuations after repairing the low level and rising. The production and sales volume of the company’s main business products increased significantly compared with the same period of the previous year, the production and operation of the cashmere business was gradually on the right track, and the operating income and net profit increased rapidly compared with the same period of the previous year.