Tianyuan Co., Ltd.: the company's current production and sales of chlorinated titanium dioxide are good and the price is on the market

On May 19, Tianyuan Co.
, Ltd.
said in response to investors' questions that the company's production and sales of chlorinated titanium dioxide are currently good, and the price will follow the market
.

As we all know, in December last year, the expansion project of Tianyuan Co.
, Ltd.
with an annual output of 50,000 tons of chlorinated titanium dioxide has entered normal production operation
.
The completion and commissioning of the project will further boost Tianyuan's transformation from basic chlor-alkali chemical industry to new chemical material industry
.
At the same time, the commissioning of this project will expand the production scale of chlorination titanium dioxide of Tianyuan Co.
, Ltd.
, which will help improve the production capacity, market competitiveness and profitability of chlorination titanium dioxide, which will have a positive impact on future business performance
.

According to the data, Tianyuan Co.
, Ltd.
was established in 1994 and listed in 2010.
It is the earliest chlor-alkali chemical enterprise in China
.
The main products are PVC, ionic membrane caustic soda, hydrazine hydrate, cement, trichloroethylene, chlorinated titanium dioxide, polystyrene, PVC-O pipe, LVT floor, plastic pipe series products,
etc.
The first quarterly report of 2022 shows that the company's main income is 3.
898 billion yuan, down 11.
5% year-on-year; net profit attributable to the parent is 172 million yuan, up 41.
69% year-on-year; non-net profit deducted is 171 million yuan, up 59.
23% year-on-year; debt ratio is 62.
26%, investment The income was 16.
8017 million yuan, the financial cost was 57.
330 million yuan, and the gross profit rate was 12.
5%
.