100% Increase in Net Profit! JSG Discloses 2021 Performance Report

PVTIME – On March 8, Zhejiang Jingsheng Mechanical & Electrical Co., Ltd. (hereinafter referred to as JSG)(300316.SZ) released the 2021 annual performance report.

During the reporting period, the company’s total operating income was about 5.961 billion yuan, a year-on-year increase of 56.44%. The net profit attributable to shareholders of the listed company was about 1.718 billion yuan, a year-on-year increase of 100.23%. The basic earnings per share was 1.34 yuan, a year-on-year increase of 100%.

JSG’s 2021 financial report data is higher than most analysts’ expectations. JSG stated that it focused on the development strategy of “advanced materials and advanced equipment”, promoted the research and technology innovation capacity and optimized the process management system. Then achieved a rapid development in various business areas and led to the a growth in operating performance.