Bank Of China Cashmere Industry ((000982): Net Profit Loss In The First Quarter Is 5 Million Yuan To 6 Million Yuan

Bank of China cashmere (000982) released the performance forecast for the first quarter of 2022 on the evening of April 14. The company is expected to have a net loss of 5-6 million yuan attributable to shareholders of Listed Companies in the first quarter of 2022, compared with a profit of 10.52 million yuan in the same period of last year. After deducting non recurring profit and loss, the net loss is 7-8 million yuan.

The reasons for the performance changes are as follows: 1. With the high price of raw materials in the textile industry, the company controlled the scale of cashmere trade during the reporting period, and cashmere income decreased significantly compared with the same period of last year, and the gross profit rate decreased; 2. The company implemented the employee stock ownership plan in the previous year, and the amortization of share based payment increased the expenses in the reporting period by 10.7459 million yuan; 3. During the reporting period, the company's trading financial assets increased the income from changes in fair value and realized investment income by a total of 2.2706 million yuan, increasing the profit of the reporting period by 2.2706 million yuan