Wanhua 2020 latest financial report: net profit exceeds 10 billion yuan!

On March 15, Wanhua Chemical (600309) recently released its 2020 annual report.

During the reporting period, the net cash flow from operating activities was 16,849,705,990.

In 2020, the company will take the "customer-oriented year" as its management theme and focus on "manufacturing good products and providing good services.

With MDI and TDI as the core, the polyurethane business focuses on improving the capabilities of the two supporting platforms of polyether and modified MDI, and the dual-line development of product-driven and customer solutions, continuously improving the level of refined management of the global supply chain, and improving customer service capabilities.

The fine chemicals business continued to maintain rapid growth.

Financial expenses during the period were 1,076,414,576.

According to the announcement, the total remuneration of directors, supervisors and senior executives during the reporting period was RMB 21,085,900.

Announcement disclosure shows that the profit distribution plan for the reporting period or the plan for capitalization of public reserves after consideration by the board of directors: Based on the total share capital of 3,139,746,626.

Wanhua Chemical is mainly engaged in polyurethane (MDI, TDI, polyether polyol), ethylene, propylene and its downstream HDPE, LLDPE, PP, PVC, acrylic, propylene oxide and other series of petrochemical products, SAP, TPU, PC, PMMA, organic R&D, production and sales of fine chemicals and new materials such as amine, ADI, water-based coatings, etc.