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Halead's net yearly up 12%

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.


Tireworld