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    Home > Coatings News > Pigment and Filler News > Crazy earned nearly 500 million!

    Crazy earned nearly 500 million!

    • Last Update: 2021-04-19
    • Source: Internet
    • Author: User
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    Recently, China Nuclear Titanium Dioxide (or the "Company") released a 2020 annual performance report.
    The total operating income was about 3.
    716 billion yuan, an increase of 10.
    03% year-on-year; the net profit attributable to shareholders of listed companies was about 475 million yuan, an increase of 10.
    27% year-on-year; basic Earnings per share were RMB 0.
    2726, a year-on-year decrease of 1.
    09%.

    During the reporting period, the company realized total operating income of RMB 3,715,579,733.
    60, a year-on-year increase of 10.
    03%; realized operating profit of RMB 557,330,026.
    59, a year-on-year increase of 16.
    15%; realized total profit of RMB 563,862,195.
    49, a year-on-year increase of 11.
    09%; net profit attributable to shareholders of listed companies was RMB 475,201,822.
    10.
    A year-on-year increase of 10.
    27%.
    Weighted average return on net assets decreased 1.
    24%, due to the reporting period the company non-public offering of shares; net assets per share attributable to shareholders of listed companies of 2.
    8373 yuan, an increase of 37.
    67% com" href="">coating line coatingol.
    com .

    During the reporting period, the company’s total operating income, operating profit, total profit, and net profit attributable to shareholders of listed companies all increased by more than 10% over the same period of the previous year.
    The main reason was that the company was able to overcome the decline in market conditions while ensuring the prevention and control of the epidemic.
    The company earnestly implemented the annual production and operation goals, strengthened operation management, cost control, and expanded marketing channels.
    In 2020, the production and sales of the main product titanium dioxide will increase by about 25% year-on-year, and the company's profitability will be further improved.
    At the end of the reporting period, the company’s financial status was good,

    On the same day, China Nuclear Titanium Dioxide announced that, based on the recent market situation of titanium dioxide and the increase in raw material prices, the research decided that from now on, the sales price of various types of titanium dioxide of the company will be raised on the basis of the current sales price of titanium dioxide.
    Among them, the sales price for domestic customers is raised by RMB 1,000/ton, and the export price for international customers is raised by US$150/ton.

    Since October 9 last year, China Nuclear Titanium Dioxide has adjusted the price of titanium dioxide 7 times.


    Details are as follows:

    On October 9, 2020, the sales price for domestic customers was raised by RMB 800/ton, and the export price for international customers was raised by USD 150/ton;

    On October 29, 2020, the sales price for domestic customers was increased by RMB 1,000/ton, and the export price for international customers was increased by USD 180/ton;

    On December 3, 2020, the sales price for domestic customers was raised by RMB 600/ton, and the export price for international customers was raised by USD 100/ton;

    On January 11, 2021, the sales price for domestic customers will be raised by RMB 500/ton, and the export price for international customers will be raised by USD 100/ton;

    On February 9, 2021, the sales price for domestic customers will increase by RMB 1,000/ton, and the export price for international customers will increase by USD 150/ton;

    On March 2, 2021, the sales price for domestic customers will increase by RMB 1,000/ton, and the export price for international customers will increase by USD 180/ton;

    On April 6, 2021, the sales price for domestic customers will increase by RMB 1,000/ton, and the export price for international customers will increase by USD 150/ton.


    According to statistics, the price of China Nuclear Titanium Dioxide's main product, titanium dioxide, has been raised by RMB 5,900/ton for domestic customers, and the export price for international customers has been raised by USD 1,010/ton.


    A person from the China Nuclear Titanium Dioxide Securities Affairs Department said that the specific reason for the price increase was the increase in raw materials.


    In addition, the price of titanium dioxide may rise further.



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