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The selling price of the main products fell, and the net profit of Sanfu shares fell by nearly ninety percent in the first quarter

author:Shenzhen Business Daily

On the evening of April 18, Tangshan Sanfu Silicon Industry Co., Ltd. (hereinafter referred to as "Sanfu Shares", stock code: 603938) released its first quarter report for 2024.

In the quarter, Sanfu achieved operating income of about 457 million yuan, a year-on-year decrease of 20.40%, net profit attributable to shareholders of listed companies of about 10.467 million yuan, a year-on-year decrease of 89.65%, and basic earnings per share of 0.03 yuan, a year-on-year decrease of 88.46%.

At the end of the reporting period, the company's total assets were about 3.215 billion yuan, a decrease of 2.46% from the end of the previous year, and the owner's equity attributable to shareholders of the listed company was about 2.410 billion yuan, a slight increase of 0.58%.

The selling price of the main products fell, and the net profit of Sanfu shares fell by nearly ninety percent in the first quarter

According to the announcement, the sharp decline in net profit in the first quarter was mainly due to the decline in the sales price of major products in the current period.

The selling price of the main products fell, and the net profit of Sanfu shares fell by nearly ninety percent in the first quarter

In terms of shareholder shareholding, Sun Renjing ranks the largest shareholder with a shareholding ratio of 39.31%, and Tangshan Yuanheng Technology Co., Ltd. holds 25.89% of the shares, ranking second. None of the other top 10 shareholders holds more than 2% of the shares.

The selling price of the main products fell, and the net profit of Sanfu shares fell by nearly ninety percent in the first quarter

On the evening of the same day, Sanfu also released an announcement on the main operating data for the first quarter of 2024. According to the announcement, the average selling price of Sanfu's main products has decreased significantly from January to March 2024.

Compared with the same period last year, the average selling price of silicon series products decreased from 11220.61 yuan/ton to 5246.00 yuan/ton, a change of -53.25%. The average selling price of potassium series products also decreased from 6790.89 yuan/ton to 4708.02 yuan/ton, with a change of -30.67%. The average selling price of silane coupling agent products decreased by 22.69%, from 19,034.70 yuan/ton to 14,715.38 yuan/ton.

The selling price of the main products fell, and the net profit of Sanfu shares fell by nearly ninety percent in the first quarter

In addition, the announcement also mentioned the changes in the price of raw materials, among which the purchase price of potassium chloride and silicon metal powder showed a downward trend. The average purchase price of potassium chloride decreased by 28.39% compared with the same period last year, and the average purchase price of silicon metal powder decreased by 20.40% compared with the same period last year.

According to the official website, the company's main products include trichlorosilane, silicon tetrachloride, silicon tetrachloride for optical fibers, potassium hydroxide, potassium sulfate, special gases, fumed silica, silane coupling agents, etc., which are widely used in photovoltaics, optical fibers, fine chemicals, fertilizers, electronic chips and other fields.

This information is automatically generated by AI based on company announcements

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