Far east smart energy achieved steady performance in the third quarter, and its single quarter revenue hit a record high

category:Finance
 Far east smart energy achieved steady performance in the third quarter, and its single quarter revenue hit a record high


The business development of smart airport continues to accelerate, and the industry status continues to improve. The company achieved a revenue of 880 million yuan, a year-on-year increase of 41.51%, and a net profit of 105 million yuan, which was slightly lower than that of the same period, with a decrease rate of 3.15%. In the third quarter, the companys revenue and net profit increased by 56.53%, and the orders in hand exceeded 1.3 billion yuan. In addition, it won the bid for Hubei Ezhou civil airport project, with a bid winning amount of 400 million yuan, which was the largest single project in history, and its business maintained sustainable growth One step to consolidate the market leading position, the company is expected to become a new driving force for growth in the future.

Lithium battery business breakthrough, lithium copper foil production and sales scale continued to expand. The companys lithium battery business achieved revenue of 248 million yuan, a year-on-year decrease of 13.10%, net profit of - 377 million yuan, a year-on-year decrease of 86.18%, and the decline of revenue narrowed. Among them, the third quarter achieved revenue of 150 million yuan, which has achieved a year-on-year growth of 94.18%. Focusing on the market segments such as two wheeled vehicles and electric tools, the company has become a supplier such as Xiaoniu and nanenbo. It has opened a new stage of development and its performance is expected to continue to improve At the same time, the production and sales scale of the companys copper foil business continued to expand, and high-precision ultra-thin copper foil was mainly supplied to customers such as Ningde times, with sales revenue of 231 million yuan, including 135 million yuan of Ningde era, an increase of 45.92% year-on-year, and phase II 5, 000 tons of 4.5 micron high-precision ultra-thin copper foil project has entered the equipment installation stage. Far east smart energy (600869) will continue to implement the national development strategy, seize development opportunities, refine and strengthen the companys business, promote business collaboration and seek win-win development. It is expected that the leading position of the company in the industry will continue to be stable, and the strategic layout will be strengthened continuously, and the long-term trend will be stable. Source: editor in charge of mass news: Chen Tiqiang_ NB6485

Lithium battery business breakthrough, lithium copper foil production and sales scale continued to expand. The companys lithium battery business achieved revenue of 248 million yuan, a year-on-year decrease of 13.10%, net profit of - 377 million yuan, a year-on-year decrease of 86.18%, and the decline of revenue narrowed. Among them, the third quarter achieved revenue of 150 million yuan, which has achieved a year-on-year growth of 94.18%. Focusing on the market segments such as two wheeled vehicles and electric tools, the company has become a supplier such as Xiaoniu and nanenbo. It has opened a new stage of development and its performance is expected to continue to improve At the same time, the production and sales scale of the companys copper foil business continued to expand, and high-precision ultra-thin copper foil was mainly supplied to customers such as Ningde times, with sales revenue of 231 million yuan, including 135 million yuan of Ningde era, an increase of 45.92% year-on-year, and phase II 5, 000 tons of 4.5 micron high-precision ultra-thin copper foil project has entered the equipment installation stage.