Longxing Titanium's net profit in 2021 is 5.0925 million, a year-on-year increase of 33.87%, and the sales volume and unit price have increased significantly

On April 11, Longxing Titanium (870491) recently released its 2021 annual report.
During the reporting period, the company achieved operating income of 124,181,146.
50 yuan, a year-on-year increase of 50.
34%; net profit attributable to shareholders of the listed company was 5,092,492.
34 yuan, a year-on-year increase of 33.
87%
.


The net cash flow from operating activities during the reporting period was -7,225,311.
16 yuan, and the net assets attributable to shareholders of the listed company as of the end of 2021 were 62,309,955.
65 yuan
.


During the reporting period, the company achieved operating income of 124,181,146.
50 yuan, an increase of 41,579,854.
47 yuan or 50.
34% over the previous year.
In 2020, the sales volume and unit price of titanium tetrachloride were at a low level due to the impact of the new crown epidemic, and the titanium market basically recovered during the reporting period.
Normal demand, sales volume and unit price have greatly increased
.


During the reporting period, the net profit was 5,077,001.
82 yuan, an increase of 1,273,084.
80 yuan or 33.
47% over the previous year, mainly due to the increase in the company's operating income
.


During the reporting period, the operating profit was 4,765,391.
44 yuan, an increase of 976,295.
96 yuan over the previous year, an increase of 25.
70%, mainly due to the increase in the company's operating income
.


According to the data, Longxing Titanium is mainly engaged in the production and sales of titanium tetrachloride, which is in the middle and upper reaches of the industry chain and is an emerging industry in the titanium industry chain
.