Every AI newsletter, Minfeng Special Paper will release a performance forecast on the evening of January 21, and it is expected to be vested in 2020 The net profit of shareholders of listed companies is between 46.8 million yuan and 49.3 million yuan. Compared with the same period last year, it will increase by 34 million yuan to 36.5 million yuan, an increase of 266%to 285%. The net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses will increase by RMB 48 million to RMB 50.5 million compared with the same period last year. The main reason for the change in performance was the impact of the main business. During the reporting period, the company insisted on epidemic prevention and control and production and operation, ensuring the company’s overall operation stability. The company controlled procurement costs externally and production consumption internally, and benefited from the low price of wood pulp, the main raw material, to ensure a year-on-year decrease in operating costs. The company has strengthened foreign exchange management through rational allocation of capital use, and financial expenses have decreased year-on-year. The company’s fixed assets depreciation decreased year-on-year. The impact of accounting treatment. The accounting treatment has no significant impact on the company’s performance forecast.
Minfeng Special Paper’s general manager and chairman are Cao Jihua, male, 59 years old, graduate student Educational background, senior engineer.
(Reporter Duan Lian)
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Daily Economic News