On April 19, Jiangnan High Fiber (600527) recently released its 2020 annual report, and the company achieved operating income of 1,144,540,655.59 yuan during the reporting period, down 0.71% year-on-year; the net profit attributable to shareholders of listed companies was 232,683,188.00 yuan, an increase of 182.72% year-on-year.
Net cash flow from operating activities during the reporting period was RMB512,929,783.56 and net assets attributable to shareholders of the listed company as of the end of 2020 were RMB2,455,408,811.89.
During the reporting period, the company achieved operating income of 1.145 billion yuan, down 0.71% year-on-year, achieved operating profit of 266.8010 million yuan, an increase of 201.25% over the same period of the previous year, realized a total profit of 267.5444 million yuan, an increase of 201.89% over the same period of the previous year, and achieved a net profit attributable to the shareholders of the listed company of 232.6832 million yuan, an increase of 182.72% over the same period of the previous year. The main operating conditions are as follows: (1) the sales of polyester wool strips in the reporting period were 11,358 tons, a decrease of 33.57% over the same period of the previous year, and the operating income fell by 45.02% year-on-year, mainly due to the lack of downstream market demand, the sales volume and average sales price of polyester wool products decreased year-on-year; (2) the sales of composite staple fibers in the reporting period were 67,522 tons, an increase of 12.33% over the same period of the previous year, and the operating income increased by 25.99% year-on-year, mainly due to the increase in sales volume and average sales price of composite staple fibers ;(3) Chemical trade in the reporting period fell by 37.28% year-on-year, mainly due to the year-on-year decline in the price of bulk chemical products.
The announcement shows that the remuneration of directors, supervisors and senior management during the reporting period totaled 3.5579 million yuan. Chairman and General Manager Tao Ye received a total pre-tax remuneration of 557,700 yuan from the company, director and financial director Zhu Xinhua received a total of 486,600 yuan from the company, and lu Zhengzhong, director and secretary of the board of directors, received a total of 481,500 yuan from the company.
According to the data of the shell net, Jiangnan High Fiber is mainly engaged in the research and development, production and sales of polyester wool and composite staple fiber.
This article originated from the digging shell network
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