Anada's net profit increases 160% in 2021% Mel 210% Titanium dioxide + Iron Phosphate boosts performance

After trading on January 4, Anada issued an annual performance forecast for 2021, saying that from January 1, 2021 to December 31, 2021, the net profit belonging to shareholders of listed companies was 169.287 million yuan to 201.8422 million yuan, an increase of 160% over the same period last year.

Anada said that during the reporting period, the market for titanium dioxide, the company's main product, was in a business cycle, and product prices rose significantly compared with the same period last year. The company seized the market opportunity to actively respond to the adverse effects such as rising prices of raw and auxiliary materials, and increased the load of devices, broadened marketing channels, optimized marketing structure, titanium dioxide production and sales broke through new highs, and business income and operating performance increased significantly compared with the same period last year.

During the reporting period, the iron phosphate market continued to be booming, and the products were in short supply. The 50,000 t / a battery-grade iron phosphate expansion project was completed and put into production on schedule, and the output, sales, operating income and profits of iron phosphate increased significantly compared with the same period last year.

Take cost control as the core, find the gap, make up for the deficiency, and improve the quality and efficiency in an all-round way. During the reporting period, the rate of superior products of the company has been steadily improved, and the level of fine management and control has been further improved.