The net profit of Azure Lithium Core increased by 187.35% in the first three quarters compared with the same period last year.

Recently, 002245.SZ announced that the company's operating income in the first three quarters of 2021 was 4.748 billion yuan, up 69.75 percent from the same period last year; the net profit belonging to shareholders of listed companies was 505 million yuan, up 187.35 percent from the same period last year; the net profit belonging to shareholders of listed companies after deducting non-recurring gains and losses was 456 million yuan, an increase of 381.55 percent over the same period last year; and basic earnings per share was 0.4915 yuan per share.

From January to September of 2021, the company's operating income increased by 69.75% over the same period last year, mainly because it was greatly affected by the epidemic in the first quarter of 2020, while this year's business was in good condition, and the company's three sectors of business showed an upward growth trend of Synchronize. In particular, the lithium battery business continues to be full production and full sales; The year-on-year increase in net profit belonging to shareholders of listed companies was mainly due to the good business performance of the company, especially the excellent performance of lithium battery business, successfully realized product price increases to cope with the continuous rise in material costs, maintained the relative stability of gross profit margin and net profit margin, and became the largest source of profit contribution to the company, while LED business also achieved a turnaround.