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Zhongtai Co., Ltd.: The price increase of natural gas and bulk materials will have less impact on the company if the company can follow the price to the downstream in time
2022-03-11 12:48
Source: Securities Times e Company
Author: Zheng Zaojin
Securities Times · e company
Zheng Zaojin
2022-03-11 12:48
Securities Times e company news, Zhongtai Co., Ltd. said that the company’s gas purchases mainly come from PetroChina Sinopec, and do not directly purchase Russian natural gas. If the cost of natural gas continues to rise, the company may appropriately increase the sales price after applying to the local price bureau for negotiation. The price increase of natural gas and bulk materials will have less impact on the company if the company can follow the price to the downstream in a timely manner. If the price cannot be smoothly adjusted, the company’s current profits will be under pressure.
Disclaimer: Securities Times strives for true and accurate information. The content mentioned in the article is for reference only and does not constitute substantive investment advice. Operational risks are based on this.
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Zhongtai Co., Ltd.: The price increase of natural gas and bulk materials will have less impact on the company if the company can follow the price to the downstream in time
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Zheng Zaojin
2022-03-11