Taihe New Materials: Net profit in 2021 will increase by 270.45% year-on-year, plans to distribute 5 yuan per 10 – yqqlm

Securities Times e Company News, Taihe New Materials (002254) disclosed its 2021 annual report on the evening of April 10. During the reporting period, the company achieved an operating income of 4.404 billion yuan, a year-on-year increase of 80.41%; a net profit of 966 million yuan, a year-on-year increase of 270.45%; basic Earnings per share are 1.41 yuan; 10 distributions of 5 yuan are planned. In addition, the company plans to invest in the establishment of Yantai Taihe New Materials and Polymer New Materials Research Institute Co., Ltd. with a registered capital of 500 million yuan, which is wholly-owned by the company and holds 100% of the shares.