On February 13, Wanhua Chemical released the 2022 annual performance report. The announcement shows that the total operating income in 2022 will be 165,565,484,400 yuan, an increase of 13.76% over the same period of the previous year; the net profit attributable to shareholders of listed companies It was 16,239,333,200 yuan, down 34.12% from the same period of last year.
The announcement shows that the total assets of Wanhua Chemical are 200,794,210,200 yuan, an increase of 5.51% over the beginning of the reporting period; basic earnings per share are 5.17 yuan, compared with 7.85 yuan in the same period last year.
During the reporting period, affected by many factors such as the complex international political and economic environment, changing epidemic situations, violently fluctuating global energy prices, and inflation in European and American economies, the growth rate of the global economy slowed down. Relying on technological innovation, excellent intelligent manufacturing, and global operating advantages, the company adheres to customer orientation, responds quickly to market changes, and achieves global business growth. At the same time, the company’s PO/SM device and multiple sets of fine chemical devices have been put into operation one after another, achieving a year-on-year increase in the company’s overall production and sales, and a year-on-year increase in operating income. However, due to the sharp increase in global bulk raw material and energy prices year-on-year, the increase in product costs was greater than the increase in revenue, and profits decreased year-on-year.
During the reporting period, the company’s PO/SM devices and multiple sets of fine chemicals devices were put into production one after another, and each production device was operating efficiently. The market side made global efforts, and the production and sales of major products such as polyurethane, petrochemicals and fine chemicals all increased year-on-year. However, due to the sharp rise in global bulk raw materials and energy prices, the company’s product costs have increased more than revenue growth. During the reporting period, the operating income is expected to be 165,565,484,400 yuan, a year-on-year increase of 13.76%, and the net profit attributable to shareholders of listed companies is expected to be 16,239,333,200 yuan. A year-on-year decrease of 34.12%.
Wanhua Chemical adheres to scientific and technological innovation as its first core competitiveness, and continues to optimize its industrial structure. Its business covers polyurethane, petrochemical, fine chemicals and new material industrial clusters; it is committed to providing more competitive products and comprehensive solutions for global customers , lead the development direction of the industry, and truly realize “chemistry makes life better”.
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