Zhejiang Longsheng (600352): In 2021, The Net Profit Will Decrease By 19.21%, And The Planned 10 Schools Will Be 2.5%

Zhejiang Longsheng (600352) released its 2021 annual report on the evening of April 18. The company's annual revenue in 2021 was 16.66 billion yuan, an increase of 6.76% year-on-year; The net profit attributable to shareholders of listed companies was 3.374 billion yuan, down 19.21% year on year; Net profit attributable to shareholders of the listed company after deducting non recurring profit and loss was 2.366 billion yuan, a decrease of 3.1% year on year; The basic earnings per share is 1.0428 yuan.

It is planned to distribute a cash dividend of 2.50 yuan (including tax) per 10 shares.

During the reporting period, the company took "carbon reduction and efficiency improvement" as the main management line, actively optimized the industrial chain structure and improved the operation efficiency of enterprises. Although the main business of the company is affected by many adverse factors, such as the price fluctuation of raw materials, power restriction and production restriction, the company's management team, under the leadership of the board of directors, ensures the stable operation and healthy development of the company through timely adjustment of procurement and sales strategies, optimization of energy structure and product structure, coordination of epidemic prevention and control and safety production. The production and sales of disperse dyes reached a record high, especially the market share and industry influence of anthraquinone dyes continued to rise, and the profits of reactive dyes achieved stable growth. In 2021, the company's global sales of dyes and intermediates were 230900 tons and 87200 tons respectively.