The hottest paper price rises, production capacity

2022-08-23
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Paper price rise + capacity launch Bohui paper's net profit pre increased by more than 500%

release date: Source: long kunhao packaging Views: 2533 copyright and disclaimer

core tip: on January 16, Bohui paper announced the annual performance pre increase announcement: after preliminary calculation by the accounting department, it is expected that the net profit attributable to shareholders of Listed Companies in 2020 will be 822 million yuan to 849 million yuan

January 16, Bohui paper announced the annual performance pre increase announcement: according to the preliminary calculation of the accounting department, it is expected that the net profit attributable to the listed company's shares in 2020 will be 822 million yuan to 849 million yuan, which will increase the export growth of China's extruder products compared with the same period of last year, and will show a stable and progressive situation, plus 687 million yuan to 715 million yuan, The year-on-year increase was 514.15% to 534.38%

even after deducting non recurring profits and losses, Bohui paper's net profit attributable to shareholders of Listed Companies in 2020 will still reach 812 million yuan -839 million yuan, an increase of 637 million yuan -664 million yuan compared with the same period last year, an increase of 362.19% to 377.59% year-on-year

it is reported that Bohui paper industry was founded in 1994, and its products include white cardboard, cultural paper, carton board paper, corrugated paper, etc. Among them, white cardboard is the main product of Bohui paper industry, and its market share was once second only to golden light paper. In 2020, golden light paper completed the acquisition of 48.84% equity of Bohui paper, and officially incorporated Bohui paper

in this announcement, Bohui paper said that benefiting from the changes of industrial policies such as the national "opinions on Further Strengthening the treatment of plastic pollution" and "announcement on matters related to the comprehensive prohibition of the import of solid waste", the contradiction between the supply and demand of white cards has become increasingly prominent, which has led to the recovery of the industry prosperity, and the sales volume and price of the company's products have increased steadily in 2020

in addition, capacity release is also an important reason for the rise in net profit. Bohui paper said: the company's 500000 tons of high-grade kraft liner paper project, 500000 tons of high-strength corrugated paper project and the subsidiary Jiangsu Bohui phase II 750000 tons of high-grade packaging paperboard project have played an important role in improving combat power and protecting normal work in large-scale engineering and industrial production in 2019. The new machines were put into production in the second half of the year, and the output increased steadily in 2020. The growth rate of product sales in that year exceeded 30% year-on-year

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