Shandong Dongyue Organosilicon Materials Co.Ltd(300821) 4 released the first quarter performance report on April 21. In the first quarter of 2022, the company achieved a revenue of about 1.349 billion yuan, an increase of 88.34% year-on-year; The net profit attributable to the shareholders of the listed company was about 242 million yuan, an increase of 95.33% year-on-year; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was about 246 million yuan, an increase of 109.53% year-on-year; The basic earnings per share was 0.20 yuan, a year-on-year increase of 100%.
The company is a national high-tech enterprise, mainly engaged in the R & D, production and sales of silicone materials. The silicone production technology and process are at the leading level in China.
The company has established Shandong Key Laboratory of advanced silicone materials and technology and Zibo silicone materials engineering technology research center. As a leading enterprise in the industry, the company was selected as an excellent innovative enterprise in China’s fluorosilicone industry and was awarded the title of “national green factory”.
The company said that the change of performance in the first quarter of 2022 was mainly due to the increase of sales volume and average selling price of main products.
