Net profit preview of NorthGlass increased by 245% - 413% in 2021

Net profit preview of NorthGlass increased by 245% -413% in 2021 fiscal year
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www.northglass.global

Date: 22 February 2022

The 2021 annual report of NorthGlass shows that in 2021 the net profit attributable to the shareholders of the listed company was 47-70 million yuan, which increases 244.77% -413.49% over the same period last year.

On January 24, NorthGlass declared the 2021 annual financial preview, and it showed that the company's net profit attributable to the shareholders of the listed company was 47 -70 million yuan, which increase by 244.77% -413.49% over the same period last year.

The company continues to strengthen product technology innovation, promote and expand market, and then brand effect rises abruptly based on its accumulated strength, the recognition of main products in domestic and foreign markets and orders increased, the operating income increased by about 60%, the gross profit rate and net interest rate of deep processing glass products increased to different degrees, and the net profit attributable to the listed companies also increased.

Beijing Olympic Winter Games is opening, Tianjin NorthGlass provided curtain glass to National Speed Skating Oval of Beijing Olympic Winter Games.

Back to announcement, the report of the third quarter of 2021 showed that the operating income of NorthGlass in the first three quarters was 1.068 billion yuan, which increased by 42.04% year on year; the net profit attributable to the owner of the parent company was 20,829,500 yuan, which increased by 35.58% year on year.

600450 Net profit preview of NorthGlass increased by 245% - 413% in 2021 glassonweb.com

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