Jiahua Energy (600273): Net Profit In 2021 Will Increase By 30.40% - 45.74%

Jiahua energy (600273. SH) announced that in 2021, the company expected to achieve a net profit of 1.7 billion yuan to 1.9 billion yuan attributable to the shareholders of the listed company, which will increase by 396 million yuan to 596 million yuan, 30.40% to 45.74% year-on-year, compared with the same period of last year (legally disclosed data).

It is estimated that in 2021, the net profit after deducting non recurring profit and loss attributable to shareholders of listed companies will be between 1.716 billion yuan and 1.916 billion yuan, which will increase by 396 million yuan to 596 million yuan, or 30.01% to 45.16% year-on-year.

During the reporting period, the net profit attributable to shareholders of listed companies increased compared with the same period of last year, mainly due to the comprehensive influence of the following factors: the ethylene process dichloroethane and vinyl chloride (VCM) projects and functional polymer materials (PVC) projects were put into operation, with good operation conditions and increased profits; The profitability of fatty alcohol (acid) series products increased and the profit increased; The price of chlor alkali products rebounded and profits increased.