Salt Lake shares made a net profit of 4.268 billion yuan in 2021 and sold about 19200 tons of lithium carbonate.

On the evening of March 11th, Salt Lake Co., Ltd. (000792) released its annual results KuaiBao. In 2021, the company achieved a total operating income of 14.462 billion yuan, an increase of 3.18% over the same period last year, and the net profit belonging to shareholders of listed companies was 4.268 billion yuan, an increase of 109.27% over the same period last year.

Main financial data and indicators of Salt Lake shares in 2021 (unit: 10,000 yuan)

Salt Lake shares said that the company's main business potassium chloride and lithium carbonate production and sales stability, affected by the rise in product market prices, the company's operating performance increased greatly compared with the same period last year.

On March 10, Salt Lake Co., Ltd. said on the investor interactive platform that the company produced about 5.02 million tons of potassium chloride and sold about 4.65 million tons in 2021, while lithium carbonate produced about 22700 tons and sold about 19200 tons.

According to the plan, the lithium industry is the key development direction of Salt Lake shares in the future, and the company will continue to increase its major business development in lithium power, new energy materials and other major business, with high-quality battery raw material lithium carbonate as supplementary business, lithium hydroxide and lithium metal as derivative business, and continue to enhance R & D and design capabilities and core competitiveness.

Huaan Securities Research and report analysis, high lithium prices, salt lake shares of high-quality resources + mature technology to achieve capacity. The company is backed by Chaerhan Salt Lake, the annual discharge of old brine equivalent to lithium chloride is 20-300000 tons, and the total production capacity of lithium salt in Chaerhan Salt Lake is 40, 000 tons, of which Lanke lithium industry accounts for 30, 000 tons, ranking first in the country, which provides resource guarantee for the development of lithium carbonate business. At the same time, Lanke lithium industry took the lead in breaking through the adsorption salt lake lithium extraction method, the process is mature, and conquered the key technology of extracting lithium salt from high magnesium and low lithium brine. Rich resources and advanced technology are conducive to Lanke lithium industry's low-cost capacity expansion, coupled with the improvement of mining infrastructure, mature and stable technology and the support of potash business "cash cow", which is suitable for large-scale layout of lithium industry.