The impact of the imports under the influence of adverse factors such as, plastic products company income drops, costs, profit margins are significantly compressed. However, Shenzhen and Shanghai 26 plastic companies are bright scene, in the current issue of mid-year report and the results have been forecast for 22 companies, there are 18 shows the performance increase, more than 80%.
Plastic products companies in China a long time, production technology is relatively backward, high-capacity small area, low added value problem. However, companies in the first half of the performance, competitive enterprises have been shot at the high end, to reverse the unfavorable industrial structure, product mix, and by the rapid growth of plastic consumption seize the favorable opportunity of the release of capacity.
Foshan Plastics Group Co., Ltd. on July 29 announced mid-year report is eye-catching. This year the company achieved operating income of 1.751 billion yuan in the first half, net profit attributable to parent company 54.67 million yuan, up 303.98 percent, in one fell swoop into profit. It is reported that first-half net profit of nearly 71% of the contribution from the joint venture Film Co., Ltd. Foshan Dubang Hong base.
Cangzhou Mingzhu Plastic Co., Ltd. on July 29 newsletter published results show that the company achieved total revenue of the first half of 534 million yuan, up 80.57 percent; total profit up 31.52%, attributable to shareholders of listed companies net profit up 27.85 %. The company's high growth comes from innovation, process innovation, process innovation and strong management capabilities. March 26, two years of preparation BOPA (two-way stretch nylon) stretched film project sync off the feed drive to achieve success. Just over a month after the test run, the product of the physical index has reached or exceeded the sets of imported production line. The industry believes that Pearl company independently developed the success of BOPA film production line put into operation marked the BOPA film production equipment domestically made important breakthroughs, but also to become the largest and highest level of equipment at home BOPA film production company China Plastics Processing Industry Association has officially granted a two-way synchronization of their Chinese R & D practice base stretch nylon film title.
July 30, Zhuzhou Times New Material Technology Co., Ltd. announced results for the first half, total sales income of 1.28 billion yuan, up 70% over the same period; first half net profit of 98.92 million yuan, up 104% over the same period . It is reported that new products, develop new projects for the company to upgrade the level of income and profits to make a positive contribution. Molecular vibration noise in the first half of the company's operating income elastic component increased 43.31 percent from a year earlier, special engineering plastics products, revenue growth of 134.66 percent from a year earlier, composite products, revenue growth of 682.53 percent over last year.
Shenzhen Lai Sing and Industry Co., Ltd. is the leading plastic packaging company, on August 12 released mid-year report shows that enterprises in the first half operating income of 327 million yuan, net profit attributable to parent company, the owner of 047 million yuan.
Learned through interviews with reporters, the future of these enterprises are in the field of high-end products with more exciting plans.
At present, Foshan Plastics Group Co., Ltd. is actively restructuring new chemical materials business, research and development of capacitors with metallized film, high-grade tobacco BOPP (biaxially oriented polypropylene) film, photovoltaic films are coming back profit growth. Their new investment in Guangdong Guang Holdings Ltd, a total investment of 18 million yuan, for crystalline silicon solar cell using PVDF (polyvinylidene fluoride) membrane and back development. Company plans to invest 33.66 million yuan self, to build a multi-functional two-way stretch film pilot line for the development of various types of high value-added film products.
To improve the production scale and market share, Fu Industrial Co., Ltd. Zhuhai intended to be not less than 5.63 yuan / share private placement to raise funds, to invest in the transformation and expansion of production lines, plastic packaging materials to enhance the technological level of industries. Blonde Technology Co., Ltd. will increase the intensity of radiation on the East China market, to be in the Kunshan Economic and Technological Development Zone to construct modified plastics and chemical production of new materials R & D base. BOPP tobacco film with suppliers Anhui Guofeng Plastic Co., Ltd. to raise funds through non-public offering of nearly 580 million yuan, all the items into packaging films.
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