Home / Metal News / Divine material: the above revision is expected to increase the net profit in the first half of the year by 503.72% and 543.31% compared with the same period last year.

Divine material: the above revision is expected to increase the net profit in the first half of the year by 503.72% and 543.31% compared with the same period last year.

iconJul 6, 2020 17:01
Source:SMM

SMM7 March 6: Tianci issued a revised announcement of semi-annual performance forecast. It is estimated that the first-half net profit will be 305 million-325 million yuan, an increase of 503.72% Kui 543.31% over the same period last year. Previously, the first-half net profit was expected to be 195 million-254 million yuan, an increase of 285.99% Kui 401.78% over the same period last year.

It is estimated that the net profit belonging to shareholders of listed companies ranges from 305 million yuan to 325 million yuan, an increase of 503.72% to 543.31% over the same period last year. The main reasons are: (1) the proportion of sales and sales of Carbomer high gross profit products in the daily chemical materials and special chemicals division has increased, the product structure has been optimized, and the interest rate of Mao Tianzhi Materials (002709) has increased. (2) the sales volume of electrolyte products of lithium-ion battery materials increased, the self-yield of raw materials increased, and the gross profit margin increased.

Click to register: "2020 (Fifth) China International Nickel, Cobalt and Lithium Summit Forum"

Scan the code to sign up for the Ni-Co-Li Summit or apply to join the SMM industry exchange group:

Divine materials
lithium-ion batteries

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

SMM Events & Webinars

All