Xinjiang Zhonghe: It is estimated that the net profit in the first quarter of 2022 will be 370 million yuan to 390 million yuan, a year-on-year increase of 155.44% to 169.25% _ Oriental Fortune Net

　　Xinjiang Zhonghe(SH 600888, closing price: 7.84 yuan) Released on the evening of April 11performanceAnnouncement, the company expects to be attributable to listed companies in the first quarter of 2022shareholderofnet profit370 million to 390 million yuan, an increase of 225 million to 245 million yuan compared with the same period of the previous year, a year-on-year increase of 155.44% to 169.25%. The main reason for the change in performance is that in the first quarter of 2022, the downstream market demand for the company’s products was strong, and product prices rose compared with the same period last year; at the same time, the company’s industrial chain was complete, which could effectively hedge the pressure of rising energy costs to a certain extent; Market opportunities, increased market development efforts, tapped potentials and increased efficiency, the sales revenue and sales gross profit of main products increased compared with the same period of last year. The net profit of the company’s shareholding company increased,company investmentEarnings increase.

From January to December 2021,Xinjiang ZhongheofOperating incomeThe composition is as follows: electronic materials account for 40.57%, alloy products account for 18.82%, trade business accounts for 18.74%, aluminum products account for 12.13%, and others account for 4.17%.

　　Xinjiang ZhongheThe general manager and chairman of the company are Sun Jian, male, 55 years old, with a master’s degree.

(Article source: Daily Economic News)

Article source: Daily Economic News

Responsible editor: 91

Original title: Xinjiang Zhonghe: Net profit in the first quarter of 2022 is expected to be 370 million to 390 million yuan, a year-on-year increase of 155.44% to 169.25%