On February 26, Anhui Annada Titanium Industry Co.Ltd(002136) disclosed the annual performance express of 2021. From January to December 2021, the company achieved an operating revenue of 2.047 billion yuan, a year-on-year increase of 82.49%; The net profit attributable to shareholders of listed companies was 185 million yuan, with a year-on-year increase of 184.57%.
During the reporting period, the titanium dioxide market, the company’s main product, was in a business cycle. The company seized the market opportunity, actively responded to the adverse effects such as the rise in the price of raw and auxiliary materials, increased the load of the device, widened the marketing channels and optimized the marketing structure. The production and sales of titanium dioxide increased by 20.42% and 17.99% respectively compared with the previous year, and the operating revenue and net profit increased by 66.52% and 155.61% respectively compared with the previous year. At the same time, the iron phosphate market continued to boom, and the product supply was in short supply. The 50000 T / a battery grade iron phosphate expansion project was completed and put into operation on schedule. The output and sales volume of iron phosphate increased by 164.53% and 139.29% respectively compared with the previous year, and the operating revenue and net profit increased by 219.93% and 242.08% respectively compared with the previous year.
