Huafeng Spandex 23 times times the first half of the net gain

Due to the industry boom cycle, last year, weak performance of the chemical fiber industry listed companies, the first half of the year out of the "mud", the performance of the news. Huafeng Spandex (002064)　　SZ) today released Performance Express, the first half of the estimated net profit growth of 2,300%.　　The announcement showed that net profit for the first half of this year is expected to be 178 million yuan, compared with only 8.48 million yuan in the same period last year, an increase of 2001% per cent in the first half of this year, with a earnings of 0.24 yuan, compared with only 0.01 yuan last year, an increase of 2,300%. Talk about the reasons for the increase in performance, Huafeng Spandex said: Early last year, due to the impact of the international financial crisis, downstream textile industry suffered a greater impact, resulting in the market demand for spandex products shrinking, the industry boot seriously insufficient, the price of products declined sharply, the domestic spandex industry as a whole operating difficulties or operating The first half of this year, the downstream textile industry demand for spandex products continue to pick up, spandex product prices further rebound. In addition, during the reporting period, the company kept production and marketing of spandex products, sales revenue and product gross profit margin significantly higher than a year earlier.　　In the first half, the company achieved total operating income of 826 million yuan, operating profit of more than 200 million yuan, respectively, year-on-year growth of 60.29% and 23939.96%.　　Not only Huafeng spandex, the recent release of the performance of a number of chemical fiber industry listed companies are showing that the performance compared with last year has increased significantly. such as Friend Lee Holdings (000584.　　SZ) performance of the first half of the company to achieve a net profit of about 63 million yuan, earnings per share of 0.15 yuan, compared to the same period last year, net profit of 4.2742 million yuan and earnings per share of 0.0105 yuan, year-on-year growth of 1373.96%. In addition, Xinxiang chemical fiber (000949. SZ), Yantai spandex (002254)　　SZ) and other chemical fiber listed companies in the first half of this year's performance, also increased by 988% and 350%~400%. According to a study by Guotai, the current chemical fiber industry faces a "positive and negative" two signals. What is good for the industry is: viscose Staple fiber price is close to cotton prices, cotton enterprises from the cost of the use of viscose staple fiber to replace the possibility of cotton; In addition, Zhejiang province to the provincial high energy-consuming enterprises mandatory production overhaul, will reduce the supply of spandex, to ease the market supply pressure.　　The disadvantage is that overcapacity and downstream orders will have a long time to affect the rebound in the price of chemical fiber products. On the last trading day, Huafeng Spandex reported to be closed at 9.14 Yuan, Rose 2.7%.