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    Home > Chemicals Industry > Rubber Plastic News > Wansheng's 2019 deduction of non-net profit is expected to increase by 70% to 110%

    Wansheng's 2019 deduction of non-net profit is expected to increase by 70% to 110%

    • Last Update: 2022-08-21
    • Source: Internet
    • Author: User
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    On January 14, Wansheng shares disclosed the 2019 performance forecast.
    After deducting non-recurring profit and loss matters, the company expects that the net profit attributable to shareholders of listed companies in 2019 will be about 77.
    22 million yuan to 95.
    39 million yuan, a year-on-year increase of 70%.
    to 110%


    .


    Wansheng Co.
    , Ltd.
    stated that in 2019, affected by the supply and demand relationship of the flame retardant market, the company's product sales and prices have increased.
    At the same time, the company has adjusted and optimized its product and customer structure through production capacity substitution and upgrading, which has led to a comprehensive increase in the company's product gross profit margin.
    , operating performance improved significantly


    .


    In recent years, in order to meet the needs of improving fire protection standards, the development of flame retardant technology has been accelerated, and the application field has been continuously expanded.
    Especially the rapid development of new energy electric vehicles has increased the demand for lithium batteries.
    The amount of plastics has increased significantly, and the demand for flame retardants for engineering plastics has grown


    .


    Wansheng Co.
    , Ltd.
    specializes in the R&D, production and sales of organophosphorus flame retardants.
    In the process of more than 20 years of R&D, production and sales, it has always taken technological innovation as the fundamental driving force for enterprise development, and adhered to a differentiated development strategy.
    Continuously introduce new products to meet the needs of different customers


    .


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