Xingfa Group: It is expected to make a profit of 3.62 billion to 3.720 billion yuan in the semi -annual profit of 2022

Author:Capital state Time:2022.07.06

On July 6, Capital State learned that the A-share listed company Xingfa Group (code: 600141.SH) released the semi-annual report performance forecast. It was 3.620 billion to 3.72 billion yuan, and net profit increased by 217.31%to 226.08%year -on -year. The company's industries were chemical products.

The company made the above prediction based on the following reasons: the net profit attributable to shareholders of listed companies in this reporting period has increased significantly compared with the same period of the previous year. It is mainly due to the comprehensive impact of the following factors: First, the chemical industry during the reporting period has generally continued the prosperity cycle since 2021 years since 2021. Although the company's sales prices such as glyphosate, phosphorus ore, yellow phosphorus, phosphorus fertilizer and other chemical and agricultural products fluctuated, they maintained high operations. The company actively seizes market opportunities, scientifically organizes production and operation, and has been fully exerted by the advantages of "ore electrification", "synergy of phosphate silicon salt" and "combination of mineral fertilizer". Second, during the reporting period, it has benefited from the rapid development of food processing, carbon fiber, integrated circuit industry, and fine phosphate chemical products such as food -grade food -grade phosphates, second metrophysia, and wet electronic chemicals such as IC -level phosphate, sulfuric acid, and complex fluid. Demand is strong, the profitability has been significantly improved, and business benefits have increased significantly. Third, the wholly -owned subsidiary Yichang Xingxing Blue Sky Technology Co., Ltd. 400,000 tons/year synthetic ammonia project, Yidu Xingfa Chemical Co., Ltd. 3 million tons/year low -grade glue phosphate ore ore selection and deep processing projects were successively successively successively successively successively successively. The completion of production and putting for the company brings new profit growth points.

Xingfa Group, the company's full name Hubei Xingfa Chemical Group Co., Ltd., was established on August 17, 1994. The current general manager Shu Long. Its by -products, silicon products, fertilizer products, electronic chemicals, etc. of production, sales, and the trade business of related chemical products.

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