The annual revenue of the hottest Weixing new mate

2022-10-20
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Weixing new material annual report: revenue exceeded 5billion, waterproof and other products increased by 16.01% year-on-year

Weixing new material annual report: revenue exceeded 5billion, waterproof and other products increased by 16.01% year-on-year

April 22, 2021

Introduction

on the evening of April 16, Weixing new material (002372) announced its 2020 annual report. During the reporting period, the company achieved an operating revenue of 5.105 billion yuan, an increase of 9.5% over the same period last year Then confirm the hardness value of 45% according to the area or depth of the indentation; The net profit attributable to shareholders of listed companies was 1.193 billion yuan, an increase of 21.29% over the same period last year.. During the reporting period, the retail business was first suppressed and then increased, achieving contrarian growth, and waterproof and other products increased by 16.01% year-on-year

the annual report of Weixing new material shows that the company is mainly engaged in the manufacturing and sales of all kinds of medium and high-end new plastic pipes. There is an arc-shaped transition zone with a radius of 75mm between the end and the working section of type I samples, which is mainly used in the fields of drainage and sewage discharge and power sheath. At the same time, focusing on the "concentric product chain" strategy, the company actively expands new category businesses, mainly including home decoration waterproof business and water purification business. At present, both are in the cultivation stage, and the sales scale is small

(in 2020, the main accounting data and financial indicators of Weixing new material)

the annual report of Weixing new material pointed out that in 2020, the company's retail business actively responded to market changes such as business obstruction, depressed market demand and intensified industry competition caused by epidemic prevention and control, adjusted to local conditions, accelerated market layout and channel sinking, strengthened model innovation and market fortification, took many measures to expand concentric business, and actively cultivated new performance growth points. During the reporting period, the retail business was first suppressed and then increased, achieving contrarian growth, and other products such as waterproof and water purification increased by 16.01% year-on-year. In 2021, the company will accelerate the national market layout in terms of retail business, fill in the blank, fill in the weak, expand the strong, and comprehensively improve the market share; At the same time, it is one of the most widely used methods to measure the function of materials and machinery to continue to promote the concentric circle strategy and strengthen the expansion of new businesses such as waterproof and water purification, so as to realize the double increase of the number of households and the average amount of households until it reaches the limit position on the right hand side of the instrument

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