Shandong Shida Shenghua Chemical Group Company Limite(603026) first quarter net profit increased by 92% - 104%

Shandong Shida Shenghua Chemical Group Company Limite(603026) issue performance forecast. It is estimated that in the first quarter of 2022, the net profit attributable to the shareholders of the listed company will reach 445 million yuan to 472 million yuan, with a year-on-year increase of 91.86% to 103.50%. New energy vehicle related industries maintained a high development trend compared with the same period of last year, and the company's new energy related products maintained full production Shandong Shida Shenghua Chemical Group Company Limite(603026) (Quanzhou) phase I project vinyl carbonate unit was successfully put into operation, and vinyl carbonate products were sold in batches in the first quarter.

The company issued an annual report on the same day. In 2021, the company achieved a sales revenue of 7.056 billion yuan, a year-on-year increase of 57.67%; The net profit attributable to the shareholders of the listed company was 1.178 billion yuan, a year-on-year increase of 353.60%; Earnings per share is 5.81 yuan. The company plans to pay a cash dividend of 3 yuan (including tax) for every 10 shares.

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