Pangang Group's operating income for vanadium products up by 144.54% YOY in 2018

Pangang Group Vanadium & Titanium (Pangang Group) issued its annual report on the evening of March 25, 2018.Asian Metal Copyright161 billion yuan, up by 5.Asian Metal Copyright According to the report, the company realized an operating income of 15.Asian Metal Copyright The gross profit rate of vanadium products reached 37.Asian Metal Copyright161 billion yuan, up by 5.Asian Metal Copyright227 billion yuan or 257.Asian Metal Copyright726 billion yuan or 60.Asian Metal Copyright The gross profit rate of vanadium products reached 37.Asian Metal Copyright68% from the same period last year.Asian Metal Copyright Pangang Group said that the major reasons for the sharp increase in profits in 2018 were the increase in vanadium titanium products prices within the year, the great improvement of the company's production and operation control ability, the release of production lines' capacity, and the effects of economies of scale.Asian Metal Copyright The net profit attributable to the listed company shareholders was 3.Asian Metal Copyright68% from the same period last year.Asian Metal Copyright09 billion yuan, up by 2.Asian Metal Copyright96% from the same period last year.Asian Metal Copyright227 billion yuan or 257.Asian Metal Copyright According to the report, the company realized an operating income of 15.Asian Metal Copyright96% from the same period last year.

Pangang Group said that the major reasons for the sharp increase in profits in 2018 were the increase in vanadium titanium products prices within the year, the great improvement of the company's production and operation control ability, the release of production lines' capacity, and the effects of economies of scale. In 2018, the company produced 22,500t of vanadium products (V2O5), down by 1.Asian Metal Copyright161 billion yuan, up by 5.Asian Metal Copyright63% YOY.Asian Metal Copyright161 billion yuan from vanadium products, up by 144.Asian Metal Copyright It produced 228,400t of titanium dioxide (including 11,000t of chloride titanium dioxide), up by 14.Asian Metal Copyright Last year, the company realized an operating income of 8.Asian Metal Copyright24% YOY, and its output of titanium slag was 191,500t, up by 19.Asian Metal Copyright The increase in vanadium prices in the whole year has promoted the improvement of the business environment of vanadium industry, and Pangang Group benefited significantly.Asian Metal Copyright40% YOY.

It is known that due to the promotion and application of high-strength rebar, and the development, promotion and utilization of energy storage technology of vanadium battery, the demand in vanadium market increased in 2018. The increase in vanadium prices in the whole year has promoted the improvement of the business environment of vanadium industry, and Pangang Group benefited significantly.Asian Metal Copyright In 2018, the company produced 22,500t of vanadium products V2O5, down by 1.Asian Metal Copyright Last year, the company realized an operating income of 8.Asian Metal Copyright The gross profit rate of vanadium products reached 37.Asian Metal Copyright161 billion yuan from vanadium products, up by 144.Asian Metal Copyright161 billion yuan from vanadium products, up by 144.Asian Metal Copyright54% YOY.Asian Metal Copyright44% YOY.Asian Metal Copyright The gross profit rate of vanadium products reached 37.Asian Metal Copyright The net profit attributable to the listed company shareholders was 3.Asian Metal Copyright21%, up by 14.Asian Metal Copyright54% YOY.Asian Metal Copyright44% YOY.

.Asian Metal Copyright44% YOYAsian Metal Copyright