Baoti Co., Ltd. is expected to increase its net profit by 122.59% in the first quarter of 2021, with strong profitability, and product revenue will increase

On April 2, Baoti Co.
, Ltd.
(600456) issued an announcement on the pre-increasing performance for the first quarter of 2021: It is estimated that the net profit attributable to shareholders of listed companies will be about 92 million yuan in the first quarter of 2021, an increase of about 122.
59% year-on-year.

On April 2, Baoti Co.
, Ltd.
(600456) issued an announcement on the pre-increasing performance for the first quarter of 2021: It is estimated that the net profit attributable to shareholders of listed companies will be about 92 million yuan in the first quarter of 2021, an increase of about 122.
59% year-on-year.

The announcement shows that the performance forecast period is from January 1, 2021 to March 31, 2021.

It is expected that the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses will be about 88 million yuan in the first quarter of 2021, a year-on-year increase Around 125.
04%.

The announcement shows that the performance forecast period is from January 1, 2021 to March 31, 2021.

The main reason for the pre-increasing performance of the current period is the optimization of the company's product structure and the increase in the proportion of revenue from products with strong profitability, which has caused the company's current operating performance to increase significantly compared with the same period.

According to the information from www.
gabei.
com, Baoti Co.
, Ltd.
is mainly engaged in the production, processing and sales of titanium and titanium alloys, and is the largest production and scientific research base of titanium and titanium alloys in China.