China Southern Electric’s profit surged 732% in August, with monthly earnings per share of 1.69 yuan

IC carrier board Nanjing Electric (8046) saw a sharp jump in profits due to the rise in carrier board prices. At the request of the competent authority, the company announced its self-accounted profit in August. The consolidated revenue in August was 5.353 billion yuan, an annual increase of 40.59%. The pre-tax net profit was 1.486 billion yuan, an annual increase. 732.81%, net profit attributable to owners of the parent company was 1.092 billion yuan, an annual increase of 664.93%, monthly earnings per share was 1.69 yuan, an annual increase of 668.18%, and earnings per share in August had reached 48.28% of second quarter earnings per share of 3.50 yuan.

American foreign investors estimate that China Southern Electric’s BT carrier boards and ABF carrier boards are expected to continue to increase in price from this quarter to next year. The gross profit margin of ABF’s carrier board business next year is expected to be 50%. In addition, China Southern Electric is expected to benefit from the spillover effect of server CPU demand, and has recently received AM There are new orders related to D (Super Micro) server CPU. Shulin Factory is currently undergoing related product certification. AMD server CPU business has the opportunity to account for more than 20% of revenue next year. The target price of Nanjing Electric Power Co., Ltd. has been raised from 1,700 yuan to 2,000 yuan.