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Meirui New Materials' 2020 net profit of 102 million increased by 22.39% TPU product sales increased rapidly

 Last Update: 2022-08-27
 Source: Internet
 Author: User

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On March 15, Meirui New Materials (59.
69 +19.
98%, diagnostic stock) recently released its 2020 annual report.
During the reporting period, the company achieved operating income of 756,861,545.
18 yuan, a year-on-year increase of 16.
71%; the net profit attributable to shareholders of the listed company was 102,031,654.
33 yuan, A year-on-year increase of 22.
39%

The net cash flow from operating activities during the reporting period was 126,509,945.
36 yuan, and the net assets attributable to shareholders of the listed company as of the end of 2020 were 783,027,809.
96 yuan

In 2020, the company implemented an active operation strategy.
On the basis of consolidating existing customers and channels, it continued to expand its horizontal industries and develop new product markets.
Under the influence of the global new crown epidemic, the sales of TPU products still achieved rapid growth

During the period, financial expenses were -1,790,124.
34 yuan, compared with -1,907,070.
48 yuan in the same period of the previous year, a year-on-year decrease of 6.
13%

The announcement shows that during the reporting period, the total remuneration of directors, supervisors and senior management was 5.
2807 million yuan

The announcement disclosed that the company's profit distribution plan reviewed and approved by the board of directors this time is: Based on the total share capital of 66,670,000 shares as of December 31, 2020, a cash dividend of 2 yuan (tax included) will be distributed to all shareholders for every 10 shares, and bonus shares will be distributed.
0 shares (tax included), and 10 shares will be transferred to all shareholders for every 10 shares with the capital reserve

According to the data, Meirui New Materials focuses on the research and development, production, sales and technical services of thermoplastic polyurethane elastomer (TPU).
The products are widely used in 3C electronics, medical care, automobile manufacturing, sports and leisure, industrial equipment, green energy, home life , 3D printing and other fields

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