Performance Forecast: MESNAC's profit in 3rd quarter greatly increased

14 October 2021 | Source from China Rubber Web

On October 12, Soft Control Co., Ltd. released a forecast for the third quarter of 2021. It is estimated that the net profit attributable to shareholders of listed companies in the third quarter of 2021 will be 41.2585 million to 51.2585 million yuan, an increase of 159.28% to 222.12% year-on-year (the same below); basic earnings per share will be 0.0439 yuan/share to 0.0546 yuan/share.

In addition, MESNAC estimates that in the first three quarters of 2021, net profit attributable to shareholders of listed companies will be 75 million to 85 million yuan, an increase of 248.78% to 295.29%; basic earnings per share will be 0.0803 yuan/share to 0.0910 yuan/share.

MESNAC said that during the reporting period, the company's rubber equipment business orders were delivered on schedule and operating income increased; at the same time, the company continued to increase its R&D investment in new products and new technologies, and the company's product structure was continuously optimized and profitability improved.

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