Lier Chemical Co.Ltd(002258) : the net profit in 2021 increased by 75% year-on-year. It is proposed to transfer 10 to 4 and send 5 yuan

Lier Chemical Co.Ltd(002258) 3 on the evening of March 4, the annual report of 2021 was released. The company achieved an operating revenue of 6.494 billion yuan in 2021, an increase of 30.70% year-on-year; The net profit attributable to the shareholders of the listed company was 1.072 billion yuan, a year-on-year increase of 75.17%; The basic earnings per share is 2.04 yuan. The company plans to distribute a cash dividend of 5 yuan (including tax) for every 10 shares to all shareholders and increase 4 shares for every 10 shares with capital reserve. In 2021, the company’s operating revenue and net profit reached a record high.

According to the annual report, in 2021, the two main bases of the company cooperated closely. Guang’an base continued to improve the project of methyl phosphorus dichloride, improve the reliability and stability of production unit operation, complete the continuous process and technical transformation of glufosinate and propargyl fluoxamine, stably realize large-scale production, and the production capacity increased significantly year-on-year, Effectively improved the company’s glyphosate production capacity and market competitiveness. At the same time, the company seizes market opportunities, continuously strengthens and expands the breadth and depth of cooperation with key customers, and rapidly realizes the market layout of core products. Through joint ventures, we have reached strategic alliances with important customers, effectively consolidating the market position of old chlorinated pyridine products. The company also increased the technological development of new products, and the competitiveness of products was strengthened.

Looking forward to 2022, Lier Chemical Co.Ltd(002258) said that the company will fully realize the normal production of Guang’an methyl phosphorus dichloride project and choose the right time to complete the capacity expansion. At the same time, do a good job in project planning, make every effort to complete the government’s approval, and ensure the implementation of multi base refined glyphosate and other projects as planned. In addition, enhance the ability of market analysis and promote the effective sales of products. Accelerate the layout and registration planning of refined glyphosate and other products in the global market, optimize the in-depth development of old products in emerging markets, and further expand market share.

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