Cangzhou Dahua's third quarter revenue exceeded 1.2 billion, an increase of 139%

Cangzhou Dahua released the third quarter of 2022 financial, third quarter Cangzhou Dahua operating revenue of 1.235 billion yuan, a year-on-year growth of 138.74%; Net profit attributable to parent was 32.42 million yuan, up 64.87% year on year; Deducting non-return net profit of 32.03 million yuan, a year-on-year increase of 69.71%; Cangzhou Dahua completed sales of 3.465 billion yuan in the first three quarters, a year-on-year increase of 101.36%; Net profit attributable to parent was 192 million yuan, down 1.44% year on year; Non-attributable net profit was 190 million yuan, a slight increase of 3.42%.

Affected by the energy supply shortage in Europe and the parking of TDI devices in Europe and Wanhua, TDI prices showed a great increase from September to October. TDI sales accounted for as much as 75.99% of the total revenue of Cangzhou Dahua. Therefore, the sales growth of Cangzhou Dahua came from the sales revenue after TDI price increase. Ionic membrane fired and polycarbonate (including bisphenol A) prices were stable in the third quarter.