Shandong Fengyuan Chemical: 2024 Interim Performance Forecast

Sensex a shareJul 8 12:00 ET · Announcements

Shandong Fengyuan Chemical (002805.SZ): expects a pre-tax loss of 800-980 million yuan in the first half of the year.

On July 8th, Gelonix announced Shandong Fengyuan Chemical's (002805.SZ) performance forecast for the first half of 2024. The net income attributable to shareholders of the listed company for the reporting period was a loss of 80 million yuan to 98 million yuan, compared with a loss of 106.8674 million yuan in the same period last year; The net income attributable to shareholders of the listed company after deducting non-recurring profit and loss was a loss of 75 million yuan to 105 million yuan, compared with a loss of 107.6446 million yuan in the same period last year; The basic earnings per share are -0.35 yuan/share to -0.29 yuan/share. The company's performance was loss-making in the first half of 2024, mainly due to product pricing.

Gelonghui FinanceJul 8 05:19 ET

The One-year Earnings Decline Has Likely Contributed ToShandong Fengyuan Chemical's (SZSE:002805) Shareholders Losses of 50% Over That Period

Investors can approximate the average market return by buying an index fund. While individual stocks can be big winners, plenty more fail to generate satisfactory returns. Unfortunately the Shandong

Simply Wall StJun 7 20:40 ET

Shandong Fengyuan Chemical (002805.SZ): Currently, the construction of the Zaozhuang, Anqing and Yuxi production bases has a combined capacity of 100,000 tons of lithium iron phosphate.

Shandong Fengyuan Chemical (002805.SZ) disclosed an investor relations activity record on June 7th, showing that up to now, the company's Zaotong production base, Anqing production base, and Yuxi production base have a total of 100,000 tons of under-construction phosphate iron lithium production capacity. The company's capacity construction will be adjusted in a timely manner during the implementation process according to industry development trends and changes in downstream customer demand.

Gelonghui FinanceJun 6 20:19 ET

Shandong Fengyuan Chemical (002805.SZ): Currently, the capacity utilization rate has improved compared to the first quarter.

According to the investor relations activity record disclosed by Shandong Fengyuan Chemical (002805.SZ) on June 7th, 2024, the company's equipment utilization rate was inadequate due to the Spring Festival holiday and fluctuations in downstream demand in the first quarter, but has since improved. The company will further promote cooperation with customers, continuously optimize the customer structure, and take all positive measures to improve profitability while striving to continuously increase production capacity utilization.

Gelonghui FinanceJun 6 20:19 ET

Fengyuan Co., Ltd. (002805.SZ): There is a corresponding research and development agency for solid state battery cathode materials, which have not yet reached the mass production stage

Gelonghui, May 31 | An investor asked Fengyuan Co., Ltd. (002805.SZ) on the investor interactive platform, “Does the company produce solid state battery cathode materials to participate in solid state battery companies?” The company replied that the company has a corresponding research and development plan for solid state battery cathode materials and has not yet reached the mass production stage. The company will continue to pay attention to and keep up with market trends to actively promote the transformation of R&D results.

Gelonghui FinanceMay 31 05:14 ET