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    Home > Chemicals Industry > China Chemical > Cangnan Instrument's 2020 net profit of 79.986 million yuan decreased by 41.42% year-on-year

    Cangnan Instrument's 2020 net profit of 79.986 million yuan decreased by 41.42% year-on-year

    • Last Update: 2021-10-06
    • Source: Internet
    • Author: User
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    [ Chemical Machinery Equipment Network Star Enterprise ] On March 25, Cangnan Instrument released its 2020 performance report.
    The company achieved operating income of 410 million yuan in 2020, a year-on-year decrease of 15.
    40%; net profit attributable to shareholders of listed companies was 79.
    986 million yuan, a year-on-year decrease 41.
    42%, with basic earnings per share of RMB 1.
    15.

     
    Chemical machinery and equipment network star enterprise chemical machinery and equipment
    According to the announcement, the decrease in the company's revenue during the reporting period was mainly due to the obvious impact of the new crown pneumonia epidemic and macroeconomic impact on the consumption demand of the natural gas industry during the current period, the suppression of industrial and commercial and power generation gas, the increase of oversupply, the decline of gas prices in major markets, and the industrial and commercial flow of gas companies The budget for new installations and renovations has been significantly reduced, which has a greater impact on the company’s performance.
    The company's nuclear energy ancillary product sales increased by 0.
    9% from RMB 21.
    6 million in 2019 to RMB 21.
    8 million in 2020.

     
    Flowmeter
    In recent years, with the continuous development of China's economy, the adjustment of the national energy structure, the orderly progress of urbanization, and the emphasis on environmental protection issues, the demand for natural gas has been driven.
    Since 2020, the outbreak of the new crown epidemic has had a significant negative impact on China’s economic, social and energy development.
    In addition, the growth of natural gas demand has significantly slowed down due to multiple factors such as increased downward pressure on the macro economy and weaker coal-to-gas conversion in the northern region.
    slow.
    According to the "China Natural Gas Development Report (2020)", the comprehensive forecast results show that China's natural gas consumption in 2020 is about 320 billion cubic meters, an increase of about 13 billion cubic meters from 2019.

     

      2020 is the year of decisive victory in the three-year action plan to win the blue sky defense war.
    The *Economic Work Conference proposed to make carbon peaking and carbon neutrality one of the key tasks in 2021.
    China continues to increase its national independent contribution.
    We strive to reach the peak of carbon dioxide emissions by 2030, and strive to achieve carbon neutrality by 2060.
    At present* natural gas supply and demand are generally loose, domestic reserves and production capacity have been significantly enhanced, and gas supply security capabilities have been further improved; the continuous emergence of new industries, new models and new businesses promoted and promoted by the epidemic provides a favorable space for the rapid development of natural gas .

     

      Cangnan Meter is the leading manufacturer of industrial and commercial gas flow meters in China.
    With more than 40 years of industry experience, the company focuses on manufacturing and selling a variety of industrial and commercial gas flow meters, which are generally used by gas operators to measure gas.
    flow.
    In 2020, the sales revenue of Cangnan Instrument Industrial and Commercial Gas Flowmeter products was RMB 340.
    3 million.

     

      Original title: Cangnan Instrument's 2020 net profit of 79.
    986 million yuan decreased by 41.
    42% year-on-year
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