603722 Wuxi Acryl Technology
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Wuxi Acryl Technology News
Akoli (603722.SH): At present, the construction of the polymer production line has basically been completed, and special equipment inspection and production line commissioning work is being carried out
Gelonghui, May 10, 丨 Acoli (603722.SH) said at the performance briefing that the COC production line consists of two parts: a monomer production line and a polymer production line, and equipment related to the single production line was purchased in 2021. At present, the construction of the polymer production line has basically been completed, and special equipment inspection and production line commissioning are being carried out. Please pay attention to regular reports on individual sales and profit conditions.
Akoli (603722.SH) reported 2023 annual results, net profit of 239.204 million yuan, a year-on-year decrease of 80.10%
According to Zhitong Finance App News, Akoli (603722.SH) released its 2023 annual report. During the reporting period, the company achieved operating income of 537 million yuan, a year-on-year decrease of 24.73%; net profit attributable to shareholders of listed companies was 239.204 million yuan, a year-on-year decrease of 80.10%; net profit attributable to shareholders of listed companies was 19.2043 million yuan, a year-on-year decrease of 83.53%; and basic earnings per share were 0.27 yuan/share. The company plans to withdraw 10% of the statutory surplus fund from the audited 2023 net profit to implement equity distribution and share registration date registration
Akeli (603722.SH): The 10,000-ton polyether amine production line has completed maintenance and resumed production operation
Gelonghui (603722.SH) announced on March 25, 2024, that the company disclosed the “Notice of Wuxi Akeli Technology Co., Ltd.” on February 27, 2024. Following the company's research and decision, the company will stop production and maintenance on the 10,000-ton polyetheramine production line starting February 27, 2024. The shutdown and maintenance period is expected to be about 20 days. As of the date of this announcement, the 10,000-ton polyether amine production line has completed maintenance and resumed production operation.
Akoli (603722.SH): Discontinuation of production and maintenance of some production facilities
Gelonghui (603722.SH) announced on February 26, that according to the actual situation of the chemical company's production process and production equipment, in order to ensure the safe and effective operation of the production equipment, the company will stop production and maintenance of the 10,000-ton polyether amine production line from February 27, 2024 in accordance with the established regular inspection and maintenance plan for pressure equipment. The shutdown and maintenance period is expected to be about 20 days.
Akoli (603722.SH): Re-accredited as a high-tech enterprise
Gelonghui, Feb. 23: Akeli (603722.SH) announced that it has recently received the “High-tech Enterprise Certificate” jointly issued by the Jiangsu Provincial Department of Science and Technology, the Jiangsu Provincial Department of Finance, and the Jiangsu Provincial Taxation Bureau of the State Administration of Taxation. Certificate number: GR202332010036, date of issue: December 13, 2023, valid for three years. This is a re-certification carried out after the expiration of the company's original high-tech enterprise certificate.
Investors More Bullish on Wuxi Acryl Technology (SHSE:603722) This Week as Stock Rallies 13%, Despite Earnings Trending Downwards Over Past Five Years
While Wuxi Acryl Technology Co., Ltd. (SHSE:603722) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 21% in the last quarter
Akoli (603722.SH): 2023 net profit pre-reduced by 82.53% to 79.20%
Gelonghui, January 29丨Akoli (603722.SH) announced the 2023 annual results forecast. According to preliminary estimates by the finance department, net profit attributable to shareholders of listed companies is expected to be RMB 21.00 million to RMB 25.00 million in 2023. Compared with the same period last year, it will drop RMB 99.1782 million to RMB 95.1782 million, a year-on-year decrease of 82.53% to 79.20%. According to preliminary estimates by the finance department, the company is expected to achieve net profit of 17.55 million yuan to 2,1 in 2023, which is attributable to shareholders of listed companies after deducting non-recurring profit and loss
Akoli's (603722.SH) fixed share increase application approved by the Shanghai Stock Exchange
Akeli (603722.SH) announced that the company received an issuance from the Shanghai Stock Exchange on January 26, 2024...
Wuxi Acryl Technology (SHSE:603722) Might Be Having Difficulty Using Its Capital Effectively
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? In a perfect world, we'd like to see a company investing more capital into its bu
Akoli (603722.SH): Cyclic olefin monomers completed process optimization in September 2023
On January 5, GLONGHUI (603722.SH) said on the interactive platform that the cyclic olefin monomer completed process optimization in September 2023. Please pay timely attention to the company's relevant information regarding the progress of COC Polymers and the Qianjiang project.
Has Wuxi Acryl Technology Co., Ltd.'s (SHSE:603722) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Wuxi Acryl Technology's (SHSE:603722) stock is up by a considerable 10% over the past week. As most would know, fundamentals are what usually guide market price movements over the long-term, so we d
Why Wuxi Acryl Technology's (SHSE:603722) Shaky Earnings Are Just The Beginning Of Its Problems
Wuxi Acryl Technology Co., Ltd.'s (SHSE:603722) recent weak earnings report didn't cause a big stock movement. We think that investors are worried about some weaknesses underlying the earnings. Vi
Alcoli (603722.SH) released the first three quarter results, net profit of RMB 21.41 million, down 79.48% year on year
Alcoli (603722.SH) disclosed its report for the third quarter of 2023. The company achieved 4.1 revenue in the first three quarters...
Wuxi Acryl Technology (SHSE:603722) Could Be Struggling To Allocate Capital
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? Amongst other things, we'll want to see two things; firstly, a growing return on
Akoli Technology, a subsidiary of 603722.SH, obtained approval to review safety conditions for construction projects
Akoli (603722.SH) announced that Akoli Technology (Qianjiang) Co., Ltd., a wholly-owned subsidiary of the company (“...
Acoli (603722.SH): Judging from the current situation, the polyetheramine market may still not improve in the second half of the year
Glonghui, September 12 | At the semi-annual performance briefing, Acoli (603722.SH) said that since the installation of wind power facilities did not meet expectations, it affected the demand for polyetheramine. At the same time, many domestic companies are already manufacturing polyetheramine, causing some price pressure. Judging from the current situation, the polyetheramine market may still not improve in the second half of the year.
Acoli (603722.SH): COC products have not yet been officially mass-produced, and are not supplied in bulk to downstream customers
GLONGHUI September 12 | At the semi-annual performance briefing, Acoli (603722.SH) said that the company's COC products have not yet been officially mass-produced and are not being supplied in bulk to downstream customers.
Akoli (603722.SH): Customers are currently waiting for kiloton production line samples to be re-certified
Glonghui, September 12 | At the semi-annual performance briefing, Accoli (603722.SH) said that the company's COC is currently in the process of being promoted normally. The small and medium trial samples have passed the certification of downstream customers. Currently, customers are waiting for samples from the kiloton production line to be re-certified.
Acoli (603722.SH): The kiloton production line for COC products is expected to be completed and tested before the end of the year
Glonghui, September 12 | At the semi-annual performance briefing, Acoli (603722.SH) said that the company's kiloton production line for COC products is expected to be completed and tested before the end of the year, and that the production capacity of the kiloton production line will only be accurately determined based on actual investment in trial production and operation for a period of time.
Acoli (603722.SH): Other applications of cycloolefin monomers are being developed and are currently being tested by downstream companies
Glonghui, September 12 | Acoli (603722.SH) said at the semi-annual performance briefing that cyclic olefin monomers are mainly used in the manufacture of COCs. If COCs cannot be mass-produced, then cyclic olefin monomers will not bring much profit to the company. The company is also developing other applications of cyclic olefin monomers, and is currently being tested by downstream companies.
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