Lianfa Shares (002394): Net Profit Decreases By 61.33% In 2021

Lianfa (002394) released its 2021 annual report on the evening of April 22. The company realized a revenue of 3.897 billion yuan in 2021, with a year-on-year increase of 0.61%; Operating profit was 198 million yuan, down 67.64% year on year; The net profit was 176million yuan, a year-on-year decrease of 62.29%, and the net profit attributable to the shareholders of the listed company was 182million yuan, a year-on-year decrease of 61.33%.

In 2021, in the face of adverse factors such as the outbreak of the epidemic in some areas, the continuous appreciation of RMB and the sharp rise of raw material prices, the company maintained a relatively stable development trend through positive measures such as organizational structure adjustment, further integration of industrial chain, investment and transformation of intelligent manufacturing, scientific and technological innovation and product R & D, brand building and market development, Hedge the impact of external adverse environment.