Longhua New Materials: Net profit in 2021 is expected to increase by 83%-102% year-on-year _ Securities Times Network

Securities Times e Company News, Longhua New Materials (301149) disclosed its performance forecast on the evening of January 20. It is expected that the net profit in 2021 will be 195 million yuan to 215 million yuan, a year-on-year increase of 82.84%-101.59%. During the reporting period, the company’s 360,000-ton/year polyether polyol expansion project has been put into operation. The company has vigorously developed overseas markets and further cultivated the domestic market. Product sales have increased significantly, and net profit has increased significantly.