The hottest sales volume increased, and Fuju made

PP sales increased, and Fuju made brilliant profits

Peng Huihui/Taipei report Fuju continued to grow its profits due to the relatively stable PP market. Fuju said that the sales volume of PP (polypropylene) in August reached 26200 tons, an increase of 1700 tons compared with the previous month. It is estimated that the pre tax profit in August is equivalent to the record high of 32 million yuan in July this year, and the pre tax profit of the industry in the first eight months was about 90 million yuan, Under the downturn of the plastics industry this year and the pressure of losses, the profit performance is relatively stable

thanks to the stable PP market, increased sales and the decline in the price of PetroChina propylene, Fuju sold 24000 tons of PP in July, an increase of 3000 tons over the same period last year, with a monthly pre tax surplus of 32.368 million yuan and a post tax surplus of 32 million yuan, an increase of 308% over the same period last year, not only setting a new record in a single month this year, Put forward higher and higher requirements for material mechanical property testing instruments in the environment of 90% relative humidity, which surpassed the accumulated profit in the first half of the year, and the accumulated pre tax surplus in the first July increased to 68.667 million yuan

Fuju's cumulative PP sales volume in the previous August was 22700 tons. Although the domestic sales price of PP in August increased by NT $03-06 per kilogram, because the price of propylene, a raw material of PetroChina, increased by US $2 compared with July, Fuju estimated that the profit in August was equivalent to the record high of 32 million yuan in July this year, and the pre tax profit of the industry in the previous August was about 90 million yuan, close to the level of 100 million yuan; As we enter the traditional peak season, the monthly PP sales volume from September to December should reach 28000 tons to 30000 tons

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