On the evening of August 28, HDDC released the "2018 Semi-annual Report", which showed that the company achieved operating income of 3.056 billion yuan in the first half of the year, an increase of 11.60% year-on-year; net profit attributable to shareholders of listed companies was 322 million yuan , A year-on-year increase of 45.20%. details as follows:
HDDC said that in the first half of 2018, the magnetic material industry continued to grow, and the downstream home appliance industry steadily increased, especially with the rapid growth of new applications such as new energy vehicles, NFC, and wireless charging, making the company's magnetic material industry Each sector has a relatively large increase:
The permanent magnet industry has increased revenue through the development of new projects, new products, and new customers. It has reduced costs through improvements in efficient and energy-saving processes, labor savings, and automation. In the case of rising raw material prices and continued decline in market prices Still achieved both revenue and profit growth;
Soft magnetic industry, focusing on high-end customers, focusing on the development of emerging areas such as wireless charging, data center servers, electric vehicles, NFC, etc. At the same time, it has improved equipment operation efficiency and achieved revenue by molding multiple molds, two sides and three grindings, and automation promotion And rapid growth of profits;
The plastic magnetic industry adheres to the strategic idea of “maintaining the share of traditional products, making high-end products, and cutting-edge products”, increasing investment in research and development, continuously expanding the market for automotive products, expanding the market space for rubber magnets, and sharply increasing raw material prices Under the circumstances, the rapid growth of revenue and profits was achieved.
In summary, in the first half of 2018, the company's magnetic material industry realized sales revenue of RMB 1,535.395 million, a year-on-year increase of 22.95%.
About HDDC
HDDC is a high-tech private enterprise with three major industries of magnetic materials, new energy and devices. It is a leading enterprise in the national magnetic industry. It is currently the world's largest permanent ferrite manufacturer and the world's largest soft magnetic material manufacturer.
The company is a major supplier and pioneer of technological development of the world's top 500 companies. It mainly produces magnetic tiles, speaker magnets, microwave oven magnets, magnetic powder cores, solar cells, solar cell components, alkaline batteries, hard alloys, Lithium-ion power batteries and other sixty categories of products with tens of thousands of specifications are widely used in home appliances, automobiles, computers, communications and other fields. Products in Europe, America, Korea, Japan, Southeast Asia and more than 60 countries and regions enjoy a high reputation, the company has been awarded by Bosch, Nidec, Samsung, Cooper, etc.. "