Earnings Forecast: MESNAC profit up over 41.93%

20 January 2022 | Source from China Rubber Web

On January 17, MESNAC Co., Ltd. released its 2021 annual earnings forecast. 2021 MESNAC achieved a net profit attributable to shareholders of listed companies of 135 million ~ 155 million yuan, an increase of 41.93% ~ 62.96% year-on-year (the same below). The basic earnings per share was 0.1387 yuan / share ~ 0.1654 yuan / share, an increase of 35.05% ~ 61.05%.

MESNAC said that in 2021 the company overcame the adverse impact of the epidemic, rubber equipment business orders to maintain growth, continue to promote the full range of products, the whole process, all elements of modular development and manufacturing, improve product quality and delivery efficiency, customer recognition. At the same time, the company continuously increased its investment in research and development of new products and new technologies in the early stage, which resulted in continuous optimization of product structure, improvement of asset operation efficiency and profitability.
In addition, the company has increased the strategic cultivation and support for emerging businesses, continued to invest in research and development, and established long-term and stable cooperative relationships with high-end customers, with significant growth in orders and performance, which has been widely recognized by the industry, the market and customers.


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