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BRIEF-Yunnan Energy New Material Sees Q1 Net Profit Up, Plans Share Buyback

· 03/17/2021 09:12
BRIEF-Yunnan Energy New Material Sees Q1 Net Profit Up, Plans Share Buyback

- Yunnan Energy New Material Co Ltd 002812.SZ:

  • SAYS 2020 NET PROFIT UP 31.3% Y/Y AT 1.1 BILLION YUAN ($169.18 million)

  • SAYS IT SEES Q1 NET PROFIT UP 182.1-225.5% Y/Y VERSUS 138.2 MILLION YUAN YEAR EARLIER

  • SAYS IT PLANS TO BUY BACK COMPANY SHARES WORTH 200-400 MILLION YUAN WITHIN 12 MONTHS

Source text in Chinese: https://bit.ly/3vIbg8v; https://bit.ly/3eNXevP; https://bit.ly/3tyXUth

Further company coverage: 002812.SZ


($1 = 6.5020 Chinese yuan renminbi)


(Reporting by Hong Kong newsroom)

((twinnie.siu@tr.com; 852-3462 7715;))