China Hearts Lianxin Fertilizer: It is expected to increase 40%to 50%year -on -year net profit in the mid -2022 fiscal year

On July 6, Capital State learned that China Hearts Heart Heart Fertilizer (Code: 01866.HK) released the 2022 Financial Intermediate Report Performance Trailer. As of June 30, 2022, the performance has increased. The net profit was 1.245 billion to 1.334 billion yuan, an increase of 40%to 50%year -on -year.

The company made the above predictions based on the following reasons: 1. With the group's Xinxiang compound fertilizer multifunctional tower project, rare gas refining project, and the investment and expansion project of Tianxin Coal Mine, promote the transformation and upgrading of the industrial chain and promote the diversified development of related products. The advantages of the group's "one end and multiple tails, flexible adjustment 'are more obvious, and maximize the profitability; 2. The group gives full play to the advantages of the park, integrates high -quality resources, continuously optimizes the product structure, increases the promotion of efficient fertilizer and promotes new technology research and development. Enhance the core competitiveness, further enhance the advantages of low cost and product differentiation, and create greater profit margins; 3. International energy shortage, new capacity increase, supply and demand to maintain tight balance, plus rising grain prices, thereby promoting chemical fertilizers and chemicals The increase in sales and prices has benefited the main products of the Group's main products, compound fertilizers and methanol.

China Xinlian Heart Fertilizer Co., Ltd. is an investment holding company that is mainly engaged in research and development, production and sales of urea, compound fertilizer, methanol, bran glycol, car urea, melamine and related differentiated products. The company operates through four business departments: production and sales of urea divisions, production and sales of compound fertilizer divisions, production and sales of methanol and production and sales of other product branches. Other products include bran glycol, unpaid methanol, liquid ammonia and ammonia solution. The company also engaged in mining and sales of coal mines through its subsidiaries.

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