Shandong Pharmaceutical Glass Co.Ltd(600529) 2021 net profit increased by 4.72% year-on-year, and it is proposed to pay 3 yuan for 10

On the evening of April 25, Shandong Pharmaceutical Glass Co.Ltd(600529) released its annual report for 2021. During the reporting period, the company achieved an operating revenue of 3.875 billion yuan, a year-on-year increase of 13.08%; The net profit attributable to the listed company was RMB 7.2 billion, a year-on-year increase of 491.5%; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 572 million yuan, a year-on-year increase of 3.40%; The basic earnings per share is 0.99 yuan / share. The company plans to distribute cash of RMB 3.00 (including tax) to all shareholders for every 10 shares.

According to the announcement, during the reporting period, the company focused on the main business and market demand. While molding series bottle products, brown bottle products, butyl rubber stopper and other products grew steadily, the company focused on the market development and sales of high value-added products of medium borosilicate molding bottles, medium borosilicate tube bottles and medium borosilicate ampoules, realizing the market expansion of such products. Among them, the molded bottle series products have maintained an increase of more than 10%, among which the sales volume of medium borosilicate molded bottle products has nearly doubled, becoming another important growth point of revenue and profit of the company; Brown bottle series products sold 3 billion pieces, a year-on-year increase of 13%; Butyl rubber stopper series products sold 5.1 billion pieces, with a year-on-year increase of 11.7%; Nearly 50 million pre potting products were sold, with a year-on-year increase of 145%; 188 million borosilicate tube bottles were sold, with a year-on-year increase of 235%; 55 million neutral ampoules were sold, a year-on-year increase of 150%. In addition, the company raised the product price in the fourth quarter of 2021, reducing the impact of the sharp rise in the price of bulk materials since 2021, especially since the third quarter on the company’s profits.

The company said that in the future, with the current development advantages, it will actively promote the in-depth development of strategic cooperative customers and the expansion of international market through market development, further enhance the company’s competitive strength through technological upgrading, provide customers with excellent products and services through product innovation, and strive to become the most reliable partner of customers. Continuously implement the concept of high quality, low cost, medium price and excellent service to improve the market share; Introduce advanced technology and management concepts to speed up the construction of intelligent chemical plants; Vigorously reform the management mechanism and upgrade the sales model, improve efficiency and increase revenue.

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