laitimes

Huate Gas Q1 achieved revenue of 383 million yuan and net profit increased by 41.12% year-on-year

Huate Gas Q1 achieved revenue of 383 million yuan and net profit increased by 41.12% year-on-year

Jiwei Network News (Wen/Chen Wei) On April 29, Huate Gas released the first quarter report of 2022, saying that the company achieved operating income of 383 million yuan in Q1, an increase of 30.68% year-on-year; net profit attributable to shareholders of listed companies was 39.1733 million yuan, an increase of 41.12% year-on-year; net profit after deducting non-recurring gains and losses was 35.1002 million yuan, an increase of 45.88% year-on-year.

Huate Gas Q1 achieved revenue of 383 million yuan and net profit increased by 41.12% year-on-year

It is reported that Huate Gas is a national gas manufacturer committed to the localization of special gases and taking the lead in breaking the import restrictions of gas materials in cutting-edge fields such as extremely large-scale integrated circuits, new display panels, high-end equipment manufacturing, and new energy. The main business is to R & D, production and sales of special gases as the core, supplemented by ordinary industrial gases and related gas equipment and engineering business, to provide one-stop comprehensive application solutions for gases.

Huate Gas said that through the accumulation of technology, especially the technical basis of fluorocarbons, lithography dilute mixtures and carbon oxides, the company will develop more hydrogenated, oxidized, hydrocarbon, silicon-based and other materials in the future. In addition, the company's "intelligent operation project" is expected to complete the investment in the project in the first half of 2022, and after the project is put into use, it will further improve the company's intelligent and safe operation level.

In terms of special gas business, the special gas market continues to grow, especially in the field of semiconductor gas has received great attention, Huate Gas will increase the moat, from improving quality, safety, product management level to ensuring supply capacity, on the one hand, in the original semiconductor customers to introduce more product categories, expand the company's share in customers, especially to the head of customers, to stabilize the company's market position; on the other hand, actively target new semiconductor production lines, third-generation power semiconductors, power devices, optical fiber chips and other fields, Develop new business. The company will make full use of its own channel advantages, expand more domestic and foreign semiconductor customers, and enhance the competitiveness of the international market, through the acquisition of international high-quality assets or overseas locations, etc., as soon as possible into the internationalization.

Earlier, Huate Gas pointed out that due to the impact of the Russian-Ukrainian crisis, the company's procurement of some raw materials for photolithography gas has been affected to a certain extent. In recent years, domestic raw material suppliers have been able to supply smoothly, and the company's production and supply are normal.

(Proofreading/Andy)

Read on