Fumiao Technology China Securities Network News (Reporter Zhang Xingwang) The 2020 annual report disclos by Fumiao Technology on the evening of March 30 show that the company achiev operating income of 1.135 billion yuan in 2020, a year-on-year increase of 0.39%; and achiev net profit attributable to shareholders of list companies of 105 million yuan, a year-on-year increase of 23.07%.
The company focuses on technological innovation and application development
In the field of hydrophilic functional polymers. Its technological achievements and products are deeply integrat with. The downstream market in middle east mobile number list the two directions. Of industrial green development and water ecological protection. It has currently built a relatively complete industrial chain of functional monomers – hydrophilic functional polymers – application products – application technology services.
Strengthening lean management to increase gross profit of main business
During the reporting period, the company’s Fumiao Technology operating income was 1.135 billion yuan, an increase of 0.39% over the same period last year. The sales price of the company’s main products decreas slightly due to the influence of raw material cayman islands lists prices, but product sales increas . The combin effect of these two factors l to a slight increase in operating income.
In addition, the company’s net profit attributable to shareholders
Of list companies was 105 million yuan, an increase of 23.07% over the same period last year. The increase in net profit mainly came from the doctors email list increase in the gross profit margin of the company’s main business. The company’s main raw materials include acrylonitrile, allyl chloride, DAC, etc., which are all downstream products of petroleum derivative propylene. Affect by the decline in crude oil prices in 2020, the purchase price of main raw materials has dropp slightly.