The annual performance improved significantly in chemical industry

as of December 18th, according to the SWS industry classification, two city currently has 127 chemical industry listed companies released annual results forecasts, which accounted for about half of the listed companies. 127 companies, in addition to the two performance uncertainty, pre hi companies (including pre growth, a slight increase, continued earnings, losses) the number reached 88, accounting for 70%. The industry by continuing market clearing inventory and production capacity, raw material prices and other reasons to promote, part of the sub sectors such as titanium dioxide, aromatic hydrocarbons, PTA, PVC and caustic soda to improve performance significantly.

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Net profit growth year-on-year increase

From the beginning of this year, chemical raw materials and chemical products manufacturing main business revenue growth showed a tendency to expand, 1-10 month cumulative total profit growth has been expanded over the last year, since the second half of the year to maintain steady growth of around 13%.

Notice from the performance point of view, yejiyuzeng, turn the number of enterprises has increased over the same period last year, net profit growth rate is also increased. In terms of net profit growth rate lower, at least 74 companies to achieve net profit growth of at least 34 companies net profit growth of more than 50%, at least 25 companies net profit growth of more than 100%.

The product price is one of the main driving force in the top of the company performance improvement.

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