The profitability of the hottest chemical industry

2022-08-03
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The profitability of chemical industry decreased, and the net profit in the first half of the year decreased by 208%

Nanfeng chemical recently released a report that the company realized a total operating income of 1.4 billion yuan in the first half of the year, a decrease of 11.91% compared with the same period last year; The operating profit was 31million yuan, a decrease of 63.15% over the same period last year, and the net profit attributable to the shareholders of the listed company was -22.51 million yuan, a decrease of 208.02% over the same period last year

if the resources of chemical products are relatively good, the exploitation is not difficult, and the cost-effective and high profit ability has decreased significantly

Nanfeng chemical said that the profitability of some chemical products of the company has decreased significantly, and some products have suffered serious losses. Nanfeng chemical said that the sharp drop in the selling price was the main factor for the decline in the performance of the company's chemical products. Affected by the domestic and foreign markets, the sales volume declined, especially in the first quarter. In order to control the decline in sales volume and improve the market share as much as possible, the company had to reduce product prices, so that some high profit products became low profit or breakeven products, and some low profit products became loss making products

the profitability of daily detergent business increased significantly

Nanfeng chemical said that the company's daily detergent business increased significantly. Relevant reports show that the gross profit margin of the daily chemical tensile machine manufacturing industry is 19.77%, an increase of 11.25% compared with the domestic experimental machine manufacturers in the same period last year

Nanfeng daily chemical said that an important factor for the sharp increase in the profitability of daily detergent business was the decline in raw material prices. The production cost of daily detergent is greatly reduced and the gross profit level of products is greatly improved

during the reporting period, the international oil price dropped sharply, resulting in a sharp drop in the price of petrochemical products. The purchase cost of daily detergent raw materials of Nanfeng daily chemical also dropped sharply, which greatly increased the gross profit space of its daily detergent products

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