Yantai Wanhua Polyurethanes Co., Ltd. released its 2010 first-half report on August 17th. Net profit climbed up by 20.55% year on year to Rmb 6060 million due to robust production and sales activities as well as the price-up of its products.
According to the report, output of the company s major product MDI hit historical peak again, with its market share at home and abroad expanded furtherly. Meanwhile, operating revenue surged by 59.29% year on year to Rmb 4.38 billion as both production and marketing of the company s TPU and modified MDI thrived in the first half of this year.
Meanwhile, the report said that operating costs reached Rmb 3.67 billion, up 58.8% compared with the same period last year, attributing to the uptick in raw materials prices. Earnings per share gained 20% year on year to Rmb 0.36.
According to the report, output of the company s major product MDI hit historical peak again, with its market share at home and abroad expanded furtherly. Meanwhile, operating revenue surged by 59.29% year on year to Rmb 4.38 billion as both production and marketing of the company s TPU and modified MDI thrived in the first half of this year.
Meanwhile, the report said that operating costs reached Rmb 3.67 billion, up 58.8% compared with the same period last year, attributing to the uptick in raw materials prices. Earnings per share gained 20% year on year to Rmb 0.36.
