In the first half of the year, Meifeng Jialan used urea in 2019: sales increased by 32.98% year-on-year!

August 20, 2019, the United States and Hong Kah Blue released "2019 Interim Report", first half revenue of 1.507 billion yuan, an increase of 26.14%; attributable to shareholders of listed companies net profit of 63.4894 million yuan; basic earnings per share The income was 0.1073 yuan.

The report shows that in the first half of the production of Meifeng Jialan, the production of urea was 219,100 tons (up 13.52%), the urea for vehicles was 65,700 tons (up 30.88%), and the compound fertilizer was 154,500 tons (up 9.96%). Melamine was 253,000 tons (up 5.86% year-on-year), liquid ammonium nitrate was 121,800 tons (up 4.28% year-on-year), packaging plastic products were 0.41 million tons (up 17.14% year-on-year), and LNG was 87,500 tons (up 273.93% year-on-year).

Mianyang: Sichuan Meifeng Mianyang Production Base

In terms of sales volume, sales of urea was 204,100 tons (up 19.58% year-on-year), vehicle urea was 63,300 tons (up 32.98%), melamine was 25,300 tons (up 4.12% year-on-year), and compound fertilizer was 148,400 tons (down 13.87% year-on-year). , ammonium nitrate ammonium nitrate 88,700 tons (up 20.52%), packaging plastic products 0.46 million tons (up 17.95%), LNG 86,300 tons (up 268.80%).

During the reporting period, the company's board of directors and management team united and led the broad masses of cadres and workers, in accordance with the work guidelines, ideas and priorities determined at the beginning of the year, keeping an eye on the annual goals and tasks, and working hard to overcome the unfavorable factors such as the decline in product prices and the rise in prices of raw and auxiliary materials, and work together. It is difficult to overcome difficulties, successfully achieve more than half of the tasks of the time, and maintain a good and stable production and operation, and the work is on a new level.

Shehong: Sichuan Meifeng Packaging Industrial Park

In the semi-annual report, Sichuan Meifeng also made a forecast for the results of the first three quarters of 2019. It is estimated that the net profit attributable to shareholders of listed companies from January to September 2019 would be: 80 million yuan to 110 million yuan.

Reading volume: Source: Mei Fung plus blue AdBlue Author: Yue Feng

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