Tangshan Sanyou Chemical Industries Co.Ltd(600409) net profit in 2021 will increase by 134%

Tangshan Sanyou Chemical Industries Co.Ltd(600409) release performance forecast. It is estimated that the net profit attributable to shareholders of Listed Companies in 2021 will increase by about 960 million yuan compared with the same period of last year, with a year-on-year increase of about 134%.

The main reason for the increase in performance in this period is that affected by the market, the sales price of the company's leading products viscose staple fiber, soda ash, caustic soda and dimethylsiloxane mixed ring increased significantly year-on-year. Although the prices of main raw materials such as pulp, calcium carbide, silicon block and raw coal also increased to varying degrees year-on-year, the increase in the sales price of the company's leading products was much greater than the increase in production costs, The net profit attributable to the shareholders of the listed company increased significantly during the reporting period.

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