Panzhihua Iron and Steel Vanadium Titanium: Net profit in the first three quarters is expected to increase by 300% to 326%

October 11,Pangang Vanadium and Titanium announced that the net profit attributable to the parent in the first three quarters of 2021 is expected to be 760 million yuan to 810 million yuan, an increase of 300% to 326%; the third quarter profit is expected to be 260 million yuan to 310 million yuan, an increase of 149% to 196 %
.
During the reporting period, the company made every effort to connect production and sales, and both the price and sales volume of vanadium and titanium products achieved substantial year-on-year growth
.
Pangang Vanadium Titanium 2021 interim report shows that the company’s main operating income was 7.
133 billion yuan, a year-on-year increase of 42.
62%; net profit attributable to parent was 507 million yuan, a year-on-year increase of 492.
86%; non-net profit deducted 502 million yuan, a year-on-year increase of 462.
28%; debt ratio 14.
88%, financial expenses-43,808,100 yuan, gross profit margin 14.
46%
.