Halead New Materials released its 2018 annual report on April 7.
Statistics showed that the company realized 3.57 billion yuan of operation revenue in 2018, yearly increasing 12.03% and 351 million yuan of net profit beloning to shareholders, yearly raising 11.94%.
The company posted 334 million yuan of net profit after non-recurrent profit and loss, yearly increasing 16.97%.
Meanwhile, the company also announced that it was predicted to realize 82,122,600 yuan to 90,334,900 yuan of net profit belonging to shareholders, yearly increasing up to 10%.
Halead have three main products:industrial polyester yarn,plastic materials and tire cord fabric.
Amongst, it could produce 210,000 tons/year of industrial polyester yarn; 98,000 tons/year of PET chips; 200 million square meters of Plastic Materials; 90,000 tons of PVC calendering materials; 300 million square meters of Luxury vinyl flooring ; 30000 tons of PET dipped cord fabric.
