EPC and prefabricated business are developing well, Jinggong steel structure's profit growth in 2020 by 62%

Jinggong Steel Structure disclosed the 2020 annual results bulletin on the evening of March 5. During the reporting period, the company achieved operating income of 11.532 billion yuan, an increase of 12.67% over the same period last year; net profit was 652 million yuan, an increase of 61.73% over the same period last year; non-net profit was 599 million yuan, a year-on-year increase of 63.37%.

The company said that the main reasons for the increase in the company's profit indicators are: the company's EPC and prefabricated businesses have been well developed, and the proportion of new business revenue has continued to increase, further improving the profitability. At the same time, the company is also continuously improving order quality, strengthening project operations, and improving project profit levels; the company's business undertaking continues to improve. On the basis of 14.042 billion yuan in orders in 2019, the business undertaking in 2020 will be 18.368 billion yuan. Among them, EPC and prefabricated construction business undertook 5.636 billion yuan, both hit a record high, which promoted the continuous growth of operating income and profits.