On July 30, Liuhua Co., Ltd.(600423) recently released its semi-annual report for 2024. During the reporting period, the company achieved operating income of 77,478,635.21 yuan, a year-on-year increase of 37.70%; net profit attributable to shareholders of listed companies was 15,653,194.27 yuan, a year-on-year increase of 601.21%.

    During the reporting period, the net cash flow from operating activities was 42,343,589.29 yuan, and the net assets attributable to shareholders of the listed company were 536,732,422.63 yuan.

    During the reporting period, the company's production equipment achieved safe, stable and efficient operation. The technical upgrade project of 60,000 tons/year of the hydrogen peroxide dilute product unit and the annual output of 20,000 tons of hydrogen peroxide concentrated product project implemented last year played a good role. The output of 27.5% hydrogen peroxide and 50% hydrogen peroxide increased significantly. At the same time, the overall product market was better than last year, so the operating income during the reporting period increased significantly compared with the same period last year.

    During the reporting period, indicators such as net profit attributable to shareholders of listed companies, net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses, basic earnings per share, and weighted average return on equity increased significantly year-on-year. There are two main reasons: First, the company completed technological upgrades and transformation of the production system last year, and the unit cost of products in this period has dropped; Second, the product market during the reporting period was better than last year, and the average selling price rose year-on-year.

    Liuhua Co., Ltd. is mainly engaged in the production and sales of hydrogen peroxide. Source: Digbei.com