On April 27, Dongfang energy (000958) released the first quarter report of 2021. During the reporting period, the company achieved an operating revenue of 2108386937.93 yuan, an increase of 8.76% over the same period last year; The net profit attributable to shareholders of listed companies was 361989588.44 yuan, up 17.38% year on year.
During the reporting period, the net cash flow from operating activities was -3996273488.59 yuan, and the net assets attributable to the shareholders of the listed company was 16980977915.88 yuan by the end of 2020.
During the reporting period, the financial expenses were 143622277.87 yuan, a year-on-year increase of 136.56%, which was mainly due to the increase of loans in the first quarter, resulting in the increase of interest expense of financial expenses.
The investment income was 216531204.92 yuan, a year-on-year increase of 95.38%, mainly due to the increase of investment income from equity transfer and trust plan compared with the same period last year.
According to digbei.com, Dongfang energy’s main business involves financial industry and energy industry. Financial business covers trust, futures, insurance brokerage, financial companies and other financial fields, holding Barry trust, Xianrong futures and financial companies, wholly holding insurance brokerage companies, and participating in Yongcheng property insurance.