Shenzhen Textile A (000045): The Net Profit In 2020 Will Rise By 89.37% To 37.268 Million Yuan, And It Is Planned To Pay 0.3 Yuan For 10 Batches

Shenzhen textile a (000045. SZ) disclosed its annual report in 2020, with operating revenue of 2.109 billion yuan, a year-on-year decrease of 2.28%; net profit attributable to shareholders of listed companies was 37.268 million yuan, up 89.37%; net profit attributable to shareholders of listed companies after deducting non recurring profit and loss was 18.0846 million yuan, with a loss of 41.1798 million yuan in the same period of last year; the basic earnings per share was 0.07 yuan, which was planned to be distributed to all shareholders every 10 years Cash dividend of 0.3 yuan (including tax) will be distributed.

Firstly, in order to cope with the new type of coronavirus pneumonia and actively fulfill social responsibility, the company and its wholly-owned enterprises responded to the call of Shenzhen Municipal Party committee and municipal government, SASAC and Shenzhen investment control, reduced the rent of some tenants of their own properties (except residential properties) for three months in this year, and the rental income in the reporting period decreased year on year; Second, the subsidiary Shengbo optoelectronics did not carry out trade business during the reporting period, and the trade business income decreased year on year. The main reason for the increase of net profit attributable to shareholders of listed companies over the same period of last year is that the market situation of polarizer in the second quarter to the fourth quarter of 2020 continues to be better, and the subsidiary Shengbo optoelectronics has achieved remarkable effect in adjusting the product order structure, increasing the production capacity and increasing the average gross profit level.