Sichuan Kelun Pharmaceutical Co.Ltd(002422) 4 on the evening of April 18, the company released the performance express of the first quarter of 2022. In the first quarter, the company achieved a total operating revenue of 4.482 billion yuan, a year-on-year increase of 7.97%; The net profit attributable to the shareholders of the listed company was 291 million yuan, a year-on-year increase of 66.09%; The basic earnings per share is 0.2 yuan.
For the reasons for the change in performance, Sichuan Kelun Pharmaceutical Co.Ltd(002422) said that it was mainly due to the year-on-year increase in the price of main products of Yili CHUANNING Biotechnology Co., Ltd. (hereinafter referred to as "CHUANNING company"), the holding subsidiary of the company, and the year-on-year increase in sales revenue and net profit in the first quarter; At the same time, the company made every effort to expand the core business product market, continuously optimized the product structure, continued to produce large quantities of generic drugs, and the operating revenue and gross profit increased year-on-year.
In the first quarter of 2022, CHUANNING achieved a net profit of 101 million yuan, a year-on-year increase of 74%. The growth of net profit is mainly due to the impact of overseas epidemic, the increased demand for antibiotics in the international market, especially the rapid increase in the demand for downstream API of erythromycin thiocyanate. The supply of antibiotic intermediate products represented by erythromycin thiocyanate in CHUANNING company is in short supply, and the price continues to rise; At the same time, corn, soybeans and other Shenzhen Agricultural Products Group Co.Ltd(000061) and energy are necessary resources for the production of antibiotic intermediates. With the continuous rise of global Shenzhen Agricultural Products Group Co.Ltd(000061) and energy prices, the price of antibiotic intermediates has been further promoted; With the increasingly strict environmental protection standards in recent years, the environmental protection investment cost of enterprises in the same industry has increased, and the high standard advantage of CHUANNING company in the early stage of environmental protection has emerged.
