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Huafeng Chemical's net profit in 2021 is 7.965 billion, a year-on-year increase of 249.46%, and product prices increase

 Last Update: 2022-09-25
 Source: Internet
 Author: User

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On March 21, Huafeng Chemical released the 2021 annual performance bulletin announcement.

According to the announcement, the total assets of Huafeng Chemical were 29,113,318,373.

During the reporting period, due to the boost in the upstream and downstream market demand of the company's main products, the volume and price of the company's main products rose, and the operating income and profit achieved substantial growth.

During the reporting period, affected by various factors such as market supply and demand of chemical products, the purchase price of some raw materials fluctuated greatly and increased significantly.

According to the data, Huafeng Chemical is mainly engaged in the research and development, production and sales of polyurethane products such as spandex fiber, polyurethane stock solution and adipic acid

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