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    Home > Chemicals Industry > Rubber Plastic News > Amway shares: in the first half of the year, the operating income was 952 million yuan, a year-on-year increase of 72.24%

    Amway shares: in the first half of the year, the operating income was 952 million yuan, a year-on-year increase of 72.24%

    • Last Update: 2022-08-29
    • Source: Internet
    • Author: User
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    Amway released the 2021 semi-annual report on the evening of August 25.
    During the reporting period, the company achieved operating income of 952 million yuan, a year-on-year increase of 72.
    24%; realized a net profit attributable to shareholders of the listed company of 68.
    200 million yuan, a year-on-year increase of 524.
    93%, turning losses into Profit; basic earnings per share 0.
    3143 yuan / share


    .


    According to the semi-annual report, the company's main business is the research and development, production, sales and service of ecological functional polyurethane synthetic leather and composite materials.
    The main products are ecological functional polyurethane synthetic leather and composite materials, which are mainly used in functional shoe materials, sofa furniture, Electronic products, automotive interiors, sports equipment, engineering decoration, handbags, bags, belts, wallets, stationery and other fields


    .


    Amway shares said that the main reasons for the company's performance growth include the company's endogenous growth factors, the company's complete product line, and a wide variety of products, including woven fabrics, knitted fabrics, elastic fabrics, non-woven fabrics, microfiber-based fabrics, TPU films, etc.
    After the substrate is veneered, the water-based, solvent-free, TPU and other product lines are processed, and a serialized and hierarchical product structure has been formed to fully meet the needs of different customers in different markets around the world; through development innovation and process technology transformation and upgrading, to promote products , the technology is moving towards the mid-to-high end; optimize the customer structure, expand the marketing network channels, expand and deepen cooperation with domestic and foreign brand customers; continue to promote lean production management, improve quality and efficiency, reduce costs and reduce consumption, optimize the allocation of production resources, etc.
    Efficiency and efficiency; after more than 20 years of integration and optimization, the company, as one of the largest enterprises in China and the world in terms of production and sales of ecological functional polyurethane synthetic leather, has good global supply resources, which can effectively control costs and ensure the supply of raw and auxiliary materials.
    Obtain orders and reasonable profits; through automation, informatization and intelligent construction, promote enterprise management reform and progress, and achieve agile management and efficient operation


    .


    At the same time, the company has a good market layout.
    In line with the trend of industrial transfer in the global downstream market, it has established a joint-stock subsidiary in Vietnam.
    Taking advantage of Vietnam's location and development advantages, the company plans to develop its main business overseas and expand its cooperation with downstream international brand enterprises.
    , ASEAN and CPTTP and other member countries, actively resolve the tariff risks brought about by international trade conflicts, enhance corporate resilience and international competitiveness, and strive to become bigger and stronger


    .


    With the tightening of national environmental protection, safety, occupational health and other policies, industrial upgrading has been accelerated, outdated production capacity has been gradually eliminated, and the industry concentration has been further improved


    .


    In addition, with the progress of society and technology, the company's polyurethane synthetic leather and composite material technology are integrated with high-tech composite materials such as leather, textiles, TPU, graphene, silicon-based, bio-based, etc.
    , water-based, solvent-free, TPU, recycled fiber , bio-based, recyclable, degradable and other new materials and new processes are constantly emerging, which are accelerating to replace or be different from traditional materials such as leather, PVC artificial leather, textiles, plastics, etc.
    , and the application field of polyurethane composite materials is constantly expanding


    .


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