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    Home > Coatings News > Paints and Coatings Market > Ananda's net profit in the first three quarters is expected to increase by 140%-180%

    Ananda's net profit in the first three quarters is expected to increase by 140%-180%

    • Last Update: 2021-11-02
    • Source: Internet
    • Author: User
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    Anadar disclosed its performance forecast for the first three quarters
    .
    The company expects a profit of RMB 122,510,200 in the first three quarters of 2021 to RMB 142,928,500, an increase of 140%-180% over the same period of the previous year
    .
    During the reporting period, the company seized the opportunity of the boom in the titanium dioxide market, expanded marketing channels, and increased equipment load.
    Product prices rose significantly year-on-year, and product production and sales increased year-on-year; the iron phosphate market continued to be booming, and the supply of products exceeded demand, with 50,000 tons / The battery-grade iron phosphate expansion project was completed and put into production in 2012.
    The output, sales volume, operating income and profit of iron phosphate have all increased significantly year-on-year
    .
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