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Yuntianhua (600096.SH) saw its net profit attributable to the parent company increase by 1,236.79% on a year-on-year basis in 2021

2022-03-09View Original

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Yuntianhua (600096.SH) saw its net profit attributable to the parent company increase by 1,236.79% in 2021. Author/Source: Finance World. Date: 2022-03-09. Clicks: 27. Yuntianhua (600096.SH) announced that in 2021, the company’s total operating revenue reached 64.067 billion yuan, an increase of 22.94% compared to the same period the previous year; its operating profit was 5.132 billion yuan, up by 661.82%;the total profit was 4.867 billion yuan, with a growth rate of 662.69%;and the net profit attributable to the shareholders of the listed company was 3.637 billion yuan, representing a increase of 1,236.79% compared to the previous year. During the reporting period, the company’s ongoing efforts to deepen reforms yielded further results, leading to a significant improvement in its overall operational efficiency. The company makes full use of its integrated supply chain advantage, which enables high self-sufficiency in key raw materials such as phosphate rock, phosphoric acid, and synthetic ammonia. By strengthening production management, the main chemical processing units operate at high capacity levels, and energy and material consumption per unit of product is well controlled. The company also takes advantage of its centralized procurement system to accurately manage the procurement schedule for key raw materials such as sulfur and coal, thereby mitigating the impact of rising prices for these materials and enhancing its competitive advantage in terms of product costs.

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