Northwest Chemicals released 2011 annual earnings report last weekend
Northwest Chemicals released its 2011 annual earnings report last weekend. The performance report showed that during the reporting period, the company achieved total operating revenue of 330 million yuan, a year-on-year increase of 14.10%; net profit attributable to shareholders of listed companies was a loss of 7,527,100 yuan, and basic earnings per share was a loss of 0.0398 yuan. Regarding the reasons for the company’s net profit loss last year, Northwest Chemicals stated that due to the impact of the macroeconomic environment and the country’s policy on the real estate industry in 2011, the fierce competition in the chemical coating industry, the sharp increase in raw material prices, the rise in bank interest rates, and the company’s financial cost burden Aggravating, the main chemical coating business failed to achieve growth; at the same time, the holding subsidiary Tianhong Chemical Technical Transformation Project failed to complete the scheduled plan this year as scheduled, and there are indications of impairment. Northwest Chemicals also announced that it is expected that the net profit attributable to the shareholders of the listed company in the first quarter of this year will be about 5.77 million yuan to 4.61 million yuan, and the basic earnings per share will be about 0.0305 to 0.0244 yuan. Glow In The Dark Pigments, Luminescent Pigment Powder, Phosphorescent Pigments, Fluorescent Glow Pigments Kolortek Co., Ltd. , https://www.metallicpigment.com