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Taihe New Materials expects a net profit of 400 million yuan to 450 million yuan in the first half of the year

 Last Update: 2022-08-28
 Source: Internet
 Author: User

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On the evening of July 6, Taihe New Materials disclosed its semi-annual performance forecast.
The company expects that the net profit attributable to shareholders of listed companies in the first half of 2021 will be 400 million to 450 million yuan, a year-on-year increase of 222.
45%-262.
76%.
The income is expected to be 0.
58 yuan -0.
66 yuan

Taihe New Materials Taihe New Materials Disclosure

As for the reasons for the changes in performance, Taihe New Materials explained that since the beginning of this year, spandexThe industry demand continued to be strong, the concentration of production capacity increased significantly, the sales price of spandex continued to rise, and the profit level increased significantly year-on-year; for meta-aramid fiber, with the release of personal protective equipment equipment standards, the demand in the field of protection continued to grow, and the company continued to promote the level of technology With the optimization and upgrading of the company, the sales volume of meta-aramid fiber has reached the best level in history, and the cost has dropped significantly; in terms of para-aramid fiber, with the full release of the production capacity of the Ningxia park, the localization process of protective substrates in the field of optical cable communication has accelerated, and the sales volume of para-aramid fiber has accelerated.
A record high, the product structure has been gradually improved, and economies of scale have become increasingly apparent

spandexspandex

According to public information, Taihe New Materials was formerly the Yantai Spandex Factory established in 1987.
The first spandex production line was built in 1989.
While gradually expanding the spandex production capacity, it entered the aramid fiber track and realized the industrialization of meta-aramid fiber in 2004.
, In 2011, the industrialization of para-aramid fiber was realized, which successfully broke DuPont's monopoly in this field

The financial report shows that in 2020, Taihe New Materials achieved operating income of 2.
44 billion yuan, a year-on-year decrease of 3.
7%; net profit attributable to the parent company was 260 million, a year-on-year increase of 10.
9%

In the first quarter of 2021, Taihe New Materials achieved a total operating income of 950 million, a year-on-year increase of 95.
2%; net profit attributable to the parent company was 180 million, a year-on-year increase of 238.
5%

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