Yunlu’s net profit in the first three quarters increased by 467%
Introduction: Yunlu Co., Ltd. released its third quarterly report on the evening of October 24. From January to September, it achieved a net profit of 3.232 billion yuan attributable to shareholders of listed companies.
Yunlu Co., Ltd. released its three quarterly report on the evening of October 24. From January to September, net profit attributable to shareholders of listed companies was 3.232 billion yuan, a year-on-year increase of 466.69%. Among them, the net profit attributable to shareholders of listed companies was 1.233 billion yuan in the third quarter, a year-on-year increase of 277.14%.
Since the beginning of this year, under the background of economic recovery, traditional Aluminum consumption industries such as real estate, automobiles, and cables have steadily rebounded. New energy vehicles, 3C products, photovoltaic power generation and other emerging consumption industries have continued to exert their strength. Aluminum consumption has shown a good growth trend as a whole. Aluminum prices continue rising. Statistics show that the average domestic spot price of electrolytic aluminum in the first three quarters of 2021 reached 18,518 yuan/ton, a year-on-year increase of 35.41%. In the third quarter, the price of electrolytic aluminum reached 20,529 yuan/ton, a year-on-year increase of 40.33% and a month-on-month increase of 10.58%. From January to September, in the face of the unfavorable situation of the shortage of power supply in Yunnan Province, which caused the company to suspend production in some production systems, the company focused on the work theme and annual production The business objective is to actively respond to peak-shift power consumption in Yunnan Province, maintain safe and stable production and operation, and achieve excellent operating results.
In addition, the company’s third-quarter results were obtained with a provision of approximately 660 million yuan in asset impairment. The announcement shows that in the third quarter of 2021, the company’s provision for impairment of assets totaled 660 million yuan, of which the provision for impairment of fixed assets was 557 million yuan, and the provision for impairment of intangible assets was 103 million yuan, which was included in the third quarter of the company in 2021. Quarterly profit and loss. (Gao Yi)
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