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    Home > Chemicals Industry > Rubber Plastic News > Net profit increased by 514.52% year-on-year, Dawn's "transcript" in the first three quarters was outstanding

    Net profit increased by 514.52% year-on-year, Dawn's "transcript" in the first three quarters was outstanding

    • Last Update: 2022-08-25
    • Source: Internet
    • Author: User
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    A few days ago, Dawn shares released the third quarterly report of 2020.
    The company's "transcript" for the first three quarters of 2020 was eye-catching: the operating income was 3.
    307 billion yuan, an increase of 65.
    88% over the same period of the previous year; the net profit attributable to shareholders of the listed company was 780 million yuan, more than A year-on-year increase of 514.
    52%


    .


    Among them, the operating income in the third quarter was 1.
    032 billion yuan, a year-on-year increase of 48.
    53%, and the attributable net profit was 195 million yuan, a year-on-year increase of 306.
    05%


    .


    On the same day, Haier New Materials, a holding subsidiary of Dawn, used its own funds to acquire 13.
    22% of the shares of Zhongke Xianxing held by Haier Group, and authorized the management to handle related matters


    .


    The substantial increase in orders for polypropylene meltblown special materials is the main reason for the growth in performance 

    The substantial increase in orders for polypropylene meltblown special materials is the main reason for the growth in performance 

    It is understood that the substantial increase in orders for polypropylene meltblown special materials is the main reason for the growth of Dawn's performance in the first three quarters of 2020


    .


    Continue to promote R&D innovation 

    Continue to promote R&D innovation 

    As a leading enterprise in the domestic thermoplastic elastomer industry, Dawn Co.
    , Ltd.
    has broken the monopoly of foreign giants and fully benefited from the trend of domestic substitution and industrial upgrading


    .


    Since the beginning of this year, the company has successively developed projects such as waterproof roll materials, special materials for breathable membranes, degradable materials, PPS special engineering plastics, a full range of anti-abnormal noise products, and blow molding/blister-grade high melt strength ABS


    .


    Among them, degradable plastics have formed a series of product reserves, some products have been industrialized, 2 series of materials have obtained EU TUV biodegradation certification, downstream customer products have obtained various certifications such as EU, Japan, and the United States, and are exported in small batches


    .


    In addition to R&D innovation, Dawn's production capacity construction is also being carried out simultaneously


    .


    In terms of TPIIR, Dawn Co.
    , Ltd.
    is the first mass-produced TPIIR, and it is worth looking forward to replacing traditional rubber stopper materials in the future.
    At present, the production capacity of 3,000 tons of TPIIR is ready for production, and has obtained the US FDA certification and the US Federal Pharmacopoeia USP Level 6 certification.
    Coming soon

    .
     

    In addition, through the hydrogenation platform technology, the company breaks the pattern of HNBR's dependence on imports and fills the domestic gap.
    With the gradual release of production capacity, it is expected to contribute considerable profits

    .
     

    future outlook 

    future outlook 

    Dawn Group said that in the next step, the company will extend the upstream and downstream industrial chain of modified plastics and continue to maintain the Competitive advantages in sub-sectors such as thermoplastic elastomers and meltblown materials
    .
    At the same time, around the strategic positioning of "a green and lightweight polymer composite new material company featuring elastomers", we continue to focus on leading technologies, expand new products, develop new customers, and implement the company's "strive to become the world's leading and most competitive.
    " The strategic goal of the elastomer new material company

    .

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