The net profit of polyfluorodol in 2021 soared more than 2490% of lithium hexafluorophosphate and other products in short supply.

SMM March 10: yesterday evening, Duofuoduo released its 2021 results KuaiBao. According to the report, the company achieved a total increase of 7.809 billion yuan in income attributed to shareholders of listed companies in 2021, an increase of 83.95 percent over the same period last year, while net profit belonging to shareholders of listed companies was 1.26 billion yuan, an increase of 2490.80 percent over the same period last year.

For the reasons for the great increase in the company's performance, Polyfluorodo said that during the reporting period, the company's new materials business sector was in a trend of sustained growth, with strong market demand for new material products represented by lithium hexafluorophosphate, and sales prices ushered in new highs. The new production capacity exceeded expectations, grabbed the market opportunity, and the supply of products fell short of demand.

Moreover, in view of the rising prices of raw materials, polyfluorodo has a certain amount of reserves for the raw materials of products, and the purchase and sale agreements of some products have a corresponding linkage mechanism for the purchase price of raw materials and the sales price of products. effectively avoid the adverse effects of rising prices of some raw materials.

At the same time, through technology update iteration, improve the conversion rate of raw materials and other measures to achieve cost reduction and efficiency, ensuring a strong profitability.

In a survey conducted by the agency, Dofurdo said that product shipments are expected to be between 35000 and 40, 000 tons this year, an increase of more than 260% according to the lower limit of shipments in 2021.

Performance KuaiBao, today's multi-fluorine more opened higher, close to noon directly sealed the trading limit board, quoted at 40.02 yuan / share.