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    Home > Coatings News > Paints and Coatings Market > The company expects net profit of 762 million yuan to 804 million yuan in the first three quarters.

    The company expects net profit of 762 million yuan to 804 million yuan in the first three quarters.

    • Last Update: 2020-10-17
    • Source: Internet
    • Author: User
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    On October 12, Dunn shares disclosed their results for the first three quarters of 2020, and the net profit attributable to shareholders of listed companies in the first three quarters is expected to be RMB762 million-RMB804 million, up 500.12% YoY %-533.29%, and net profit attributable to shareholders of listed companies is expected to be RMB176 million-RMB218 million in the third quarter, up 267.92%-355.76% YoY.
    Done shares said that in the face of the new crown pneumonia outbreak, the company not only used the existing production line overtime, but also polypropylene melting material rapidly transferred to expand energy, for customers in more than 20 provinces across the country sent polypropylene fuse special material, and received more than 2000 tons of overseas orders, effectively enhance the company's profitability.
    this, polypropylene melting material orders increased significantly, is the first half of the main reason for the growth in results.
    At the same time, Doane actively responded to the government's call to expand the production of melting spray products for epidemic prevention materials, while the Ministry by virtue of the accumulation and good reputation in the field of molten spray, coupled with a substantial increase in sales of anti-epidemic materials melting spray, while the development of some new products put into production, the net profit attributable to shareholders of listed companies in January-September 2020 is expected to increase by 500.12%-533.29% YoY.
    It is learned that, in addition to the explosive growth of orders for polypropylene fused materials, other modified plastic products have maintained stable development, Doane shares for modified plastic customer demand, tailor-made differentiated products, the development of new energy battery industry, communications industry and automotive interior products, to overcome the adverse effects of the new crown outbreak, operating income and gross margin showed a trend of upward trend.
    a long time, the Daun Group has always adhered to the "development of enterprises, happy employees, return to society" mission, for years into the top 500 Chinese enterprises, is a major auxiliary industry coordinated development of the enterprise group.
    In the future, Daon shares adhering to the "product-rooted, people-oriented, technology-led, customer-oriented" concept, continue to maintain the thermoplastic elastomers, molten spray and other sub-sectors of competitive advantage, around the "elastomer-specific, green lightweight polymer composite new materials company" strategic positioning, and constantly focus on leading technology, expand new products, develop new customers, implement the "strive to become the world's leading, most competitive elastomer new materials company" strategic planning.
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