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CNNC Titanium Dioxide disclosed its semi-annual report.
In the first half of 2021, the company realized operating income of RMB 2,609,716,251.
64, a year-on-year increase of 59.
36%; net profit attributable to shareholders of listed companies was RMB 656,713,318.
67, a year-on-year increase of 167.
89%; basic earnings per share were RMB 0.
3198 per share
.
During the reporting period, the demand for titanium dioxide in the foreign market was strong, export orders increased, and domestic manufacturers were striving for full production
.
According to statistics from relevant agencies, the domestic production of titanium dioxide from January to June 2021 was about 1.
91 million tons, an increase of 18.
58% year-on-year, and the output increased by about 300,000 tons compared with the same period of the previous year
.
The company adopts the typical continuous large-scale production model of chemical enterprises, and has an independent and complete production, supply and sales system
.
In the context of the continuous increase in the market price of bulk raw materials, the company locks in the supply of core raw materials and their purchase prices, and rationally allocates supply resources to each business unit to further reduce production costs; under the model of production and sales, the production is maximized.
Large-scale production capacity advantage; reasonable allocation of resources in sales, simultaneous domestic and foreign sales, domestic trade end reduces the number of distributors, foreign trade end opens up emerging markets such as Southeast Asia, forming a balance of production and sales, and laying a solid foundation for the company's subsequent incremental production capacity
.
At the same time, the company reasonably controlled costs in terms of settlement methods, waste utilization, production scale, and three expenses, reduced expenditures, controlled various costs and expenses of the company in the best state, and maximized benefits
.
It is understood that China Nuclear Titanium Dioxide is mainly engaged in the R&D, production and sales of rutile titanium dioxide.
It is the first enterprise to introduce a full set of rutile titanium dioxide production technology from abroad
.
Since its listing in 2007, the company has continuously expanded and strengthened its main business through mergers and acquisitions, capacity expansion, and equipment technological transformation.
At present, the company has formed an annual production capacity of nearly 400,000 tons of rutile titanium dioxide, which ranks among the domestic Second, sixth in the world
.
[Reprinted need to retain the source-Shanghai Nonferrous Network] China Nuclear Titanium Dioxide net profit increased by 167%, strong foreign market demand https://news.
smm.
cn/news/101580499
In the first half of 2021, the company realized operating income of RMB 2,609,716,251.
64, a year-on-year increase of 59.
36%; net profit attributable to shareholders of listed companies was RMB 656,713,318.
67, a year-on-year increase of 167.
89%; basic earnings per share were RMB 0.
3198 per share
.
During the reporting period, the demand for titanium dioxide in the foreign market was strong, export orders increased, and domestic manufacturers were striving for full production
.
According to statistics from relevant agencies, the domestic production of titanium dioxide from January to June 2021 was about 1.
91 million tons, an increase of 18.
58% year-on-year, and the output increased by about 300,000 tons compared with the same period of the previous year
.
The company adopts the typical continuous large-scale production model of chemical enterprises, and has an independent and complete production, supply and sales system
.
In the context of the continuous increase in the market price of bulk raw materials, the company locks in the supply of core raw materials and their purchase prices, and rationally allocates supply resources to each business unit to further reduce production costs; under the model of production and sales, the production is maximized.
Large-scale production capacity advantage; reasonable allocation of resources in sales, simultaneous domestic and foreign sales, domestic trade end reduces the number of distributors, foreign trade end opens up emerging markets such as Southeast Asia, forming a balance of production and sales, and laying a solid foundation for the company's subsequent incremental production capacity
.
At the same time, the company reasonably controlled costs in terms of settlement methods, waste utilization, production scale, and three expenses, reduced expenditures, controlled various costs and expenses of the company in the best state, and maximized benefits
.
It is understood that China Nuclear Titanium Dioxide is mainly engaged in the R&D, production and sales of rutile titanium dioxide.
It is the first enterprise to introduce a full set of rutile titanium dioxide production technology from abroad
.
Since its listing in 2007, the company has continuously expanded and strengthened its main business through mergers and acquisitions, capacity expansion, and equipment technological transformation.
At present, the company has formed an annual production capacity of nearly 400,000 tons of rutile titanium dioxide, which ranks among the domestic Second, sixth in the world
.
[Reprinted need to retain the source-Shanghai Nonferrous Network] China Nuclear Titanium Dioxide net profit increased by 167%, strong foreign market demand https://news.
smm.
cn/news/101580499
