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Sales Of Differentiated Dyestuffs Increased Significantly, Anor'S Net Profit Exceeded 49 Million In The First Quarter.

2020/4/14 11:24:00 0

Disperse DyesAnoitsFirst Quarter

Shanghai anoits group Limited by Share Ltd (hereinafter referred to as "anoqi") has issued a quarterly performance notice. It is estimated that the net profit attributable to shareholders of listed companies will reach 49 million 40 thousand yuan -5604 million during the reporting period, up by 5%-20% over the same period last year.

Anso said that during the reporting period, the company introduced energy saving and emission reduction ultra micro NM series of liquid disperse dyes, which effectively reduced the COD emissions and residue chroma of downstream customers, reduced the overall cost of customers, increased sales in the market over the same period last year, and significantly increased the sales volume of differentiated disperse dyes, and improved their operating income. In addition, the company reserves a relatively high price. The lower part of the production material reduces the production cost and increases the profit contribution.

Xie Nan, an analyst at Zhongtai securities, said earlier that since the price of dye was low before the Spring Festival, there was less stock reserve in the downstream printing and dyeing industry. At present, the demand is relatively rigid, and the demand for gold and silver four is coming. The demand is expected to be further released, and the price of dye will rise. The supply of upstream raw materials is limited by safety, environmental protection and re production. The cost side is also expected to boost the price of dyes.

In Xie Nan's view, the upstream intermediates of dyes include mainly reductive, two benzyl amine, H acid, para ester, and so on. In addition to leading enterprises own supporting part of the production capacity, the supply is mainly small factories, distributed in Ningxia, Henan, Hubei and other places. Due to the relatively small scale of enterprises, the progress of resuming work is rather slow. In the past two years, it has been affected by safety and environmental protection inspection. In addition, the upstream of the intermediates is mainly fine chemicals, and there is also a similar problem of small enterprises. Since the Spring Festival, the dye intermediates and the upstream fine chemicals have been slow to work, supply shortages and prices have risen.

However, there is a view that even if we do not consider short-term price drivers, from a long-term perspective, strict safety and environmental protection is still the main theme of the industry. In recent years, small businesses entering the industry are mainly concentrated in the western region, and environmental protection facilities are not perfect. In the long run, the approximate rate is eliminated, and the industry concentration is expected to continue to improve. Leading enterprises with perfect environmental protection facilities and production safety norms will have stronger voice, and the dye price center is expected to continue upward.

Yu Tingze, a researcher at Guangdong Kai securities, pointed out that anno's new product has greatly increased the sales volume of differentiated disperse dyes compared with the same period last year. At the same time, by improving supply chain management, some of the raw materials were sold at a low price, effectively reducing production costs. This is effective in reducing costs and increasing efficiency, and effectively raising prices of volatile dyes and raw materials. From the point of view, since its listing, Anor has focused on the research and development of high-end and high-end dyestuff products, and its composite revenue growth has exceeded 30%, and its profit growth has exceeded 20%. While consolidating the advantages of the main dye industry, ananthem has continued to lay out the big digital industry in recent years and nurture the new engine for the development of the company. It has initially formed a digital industry ecosystem and is expected to provide strong support for future growth.

According to public information, Anor is committed to the research, production and marketing of high-end dyes, and has a strong competitive advantage and a higher market position in the market of dyestuff dyes, and maintains healthy, rapid and sustainable development. Our products occupy the leading position in the microfiber market, such as disperse dyes, high washing disperse dyes, environment-friendly disperse dyes, reactive dyestuff dyes, low temperature reactive dyes, ultra micro environmental protection liquid disperse dyes, special dyes for digital ink, and multi fiber blended dyes.

According to the financial report, in 2019, Anor realized its operating income of 1 billion 120 million yuan, down 3.06% compared to the same period last year, and its net profit attributable to shareholders of listed companies was 160 million yuan, an increase of 15.65% over the same period last year. According to the plan, ananits will focus on promoting the following projects in 2020: first, the two phase of Yantai's annual production of 30000 tons of dyestuff intermediates; two, Shandong's anuoqi's fine annual output of not less than 50 thousand tons of dyestuff and related intermediates; three is digital ink and reactive dyestuff items; four is an annual output 10000 tons of broad-spectrum disinfectant, single potassium bisulfate compound salt project.


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