The highest net profit of volcano eagle in the fir

2022-08-06
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Shanying estimates that the net profit in the first six months will be as high as 1.8 billion, thanks to the acquisition of Nordic and Liansheng paper

release date: Source: China Securities Journal · China Securities responsible editor: Bao Views: 1996 copyright and disclaimer

core tip: Shanying paper (600567) released the performance forecast of the semi annual report on the evening of July 1. The company's estimated net profit reached 1.65 billion yuan to 1.8 billion yuan, an increase of 99.70%-117.86% year-on-year. In addition, the company expects to deduct non net profit of 1.435 billion yuan -1.585 billion yuan, a year-on-year increase of 78.29%-96.92%

Shanying paper (600 caused wire damage 567) released the performance forecast of the semi annual report on the evening of July 1. The company expects the net profit to reach 1.65 billion yuan to 1.8 billion yuan, an increase of 99.70%-117.86% year-on-year. In addition, the company expects to deduct non net profit of 1.435 billion yuan -1.585 billion yuan, a year-on-year increase of 78.29%-96.92%

according to the company, this performance increase was mainly due to the acquisition of nordicpaperholdingab ("Nordic paper") and Fujian Liansheng Paper Co., Ltd. ("Liansheng paper"), which led to changes in the consolidation scope of the financial statements, and the expected contribution to the net profit was about 350million yuan. Benefited from the growth of revenue scale driven by the inclusion of Nordic paper and Liansheng paper in the company's consolidated statements, the improvement of operational efficiency driven by the in-depth application of industrial automation and information systems, the enhancement of synergies between business units and the industrial chain, and the continued improvement of the prosperity of the paper industry, the company's main business profit increased significantly over the same period of last year

among the first nine batches of foreign waste quotas, Shanying was approved to be 1.196 million tons, with obvious cost advantages

insiders said that among the first nine batches of foreign waste quotas in 2018, Shanying paper was approved to be 1.196 million tons, with obvious cost advantages. Recently, the Ministry of Environmental Protection announced the ninth batch of foreign waste quotas. A total of 2.059 million tons were approved, of which 704000 tons were approved for Shanying, accounting for 34.2%; The first nine batches approved a total of 8.793 million tons of recycled waste, with Liwen, Jiulong and Shanying respectively approved 321.2, 135.6 and 119 ldquo; 1035 rdquo; During this period, the three companies accounted for 65% of the 60000 tons, and the foreign waste quotas were concentrated to the top

at present, the prices of domestic waste paper and American waste are about 2600 and 15 (2) vernier calipers are 00 yuan/ton respectively. The price difference of nearly 1000 yuan per ton makes the company still have obvious advantages on the cost side. According to the Research Report of Minsheng securities, Shanying paper plans to issue convertible bonds to expand the capacity of 490000 tons of cardboard boxes, and the main business of packaging paper has been further strengthened. The company plans to publicly issue convertible bonds, raise no more than 2.3 billion yuan (including 2.3 billion yuan), and invest in the cogeneration project of yangjiachang Town Industrial Park in Gongan County and the high-grade packaging cardboard project with an annual output of 2.2 million tons (phase III) after deducting the issuance expenses. Among them, the cogeneration project can fully guarantee the power and steam demand of central China base; After the completion of phase III project of central China base, 490000 tons of box board paper production capacity will be formed, and the main business of packaging paper of the company will be further strengthened

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