Luoyang Glass’s mid-term net profit increased by 1126.73% year-on-year to 198 million yuan

Luoyang Glass Co., Ltd. announced that as of June 30, 2021, the company achieved operating income of 1.595 billion yuan, a year-on-year increase of 66.52%, and net profit attributable to shareholders of listed companies was 198 million yuan, a year-on-year increase of 1126.73%. After recurring gains and losses, the net profit attributable to shareholders of listed companies was 186 million yuan, a year-on-year increase of 2521.22%, and earnings per share were 0.3611 yuan.

The announcement shows that during the reporting period, product sales increased and revenue increased accordingly; the company seized the strategic opportunity period for the development of new energy glass and steadily implemented new project construction. Hefei New Energy Solar Energy Equipment Photovoltaic Cell Packaging Materials Construction Project and Tongcheng New Energy Solar Energy Equipment Photovoltaic Cell Packaging Materials Phase I Project are progressing smoothly. It is expected that the two projects will be ignited and put into production in September 2021 and November 2021 respectively. Yixing New Energy Solar Equipment Photovoltaic Cell Packaging Materials Project is steadily advancing.