Sheng Xin LiNeng disclosed its quarterly report on April 23, 2021, that the company's total operating income in the first quarter of 2021 was 530 million, up 121.2% from the same period last year; its net profit was 100 million yuan, compared with-57.214 million yuan in the same period last year, and it was a win over the same period last year; earnings per share were 0.14 yuan. During the reporting period, the company's gross profit margin was 29.5%, an increase of 20.8 percentage points over the same period last year, and a net profit margin of 20.9%, an increase of 46.2 percentage points over the same period last year.
During the period, the expense rate decreased by 23.7%, the effect of cost control was remarkable, and the operating cost increased significantly.
The company's operating cost in the first quarter of 2021 was 380 million, up 70.9% from a year earlier, lower than the 121.2% growth in operating income, resulting in a 20.8% increase in gross profit margin. The expense rate during the period is 7%, which is 23.7% lower than that of last year, and the effect of cost control is remarkable.
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