Your current location：home > News > News Details
China Gas Information
Natural gas shortage and prices constantly restricts the development of urea production enterprise assembly.there. July 14, ChuanHua with for group's ChuanHua shares, LuTianHua release 2011 half-yearly forecast, the first half performance the performance of the deficit. However, with the sichuan region of the urea enterprise sichuan meifeng released after the first half performance year-on-year rise considerably, but the reason and its shareholders on natural gas the support closely related.
14, ChuanHua shares issued announcement, the company in January to June a net profit of 45 million yuan to 65 million yuan a year earlier, the 10.8634 million yuan decreased by 314.23% ~ 498.34%; Earnings per share about-$0.10 ~ 0.14 yuan. ChuanHua shares with the same a business the same LuTianHua and issued the first half of this year, is expected to forecast performance attributable to shareholders of a listed company net profit of 25 million yuan to 35 million yuan, earnings per share-$0.04 ~ 0.06 yuan.
For net losses, ChuanHua shares because the natural gas supplies that, the main production device low load operation; At the same time, the oil supply of natural gas in by the company product pricing factors influence the cost is expected to increase in the first half year, increase production cost and about 16.68 million yuan and 48.76 million yuan. LuTianHua also noted that the performance change is because the natural gas supply and price rising influence.
Although ChuanHua and LuTianHua by natural gas shortage, but the trapped in sichuan enterprise with urea sichuan meifeng situation is far better than the above two companies, according to the its July 8 performance forecast, in the first half of this year net profit of about 91.9 million yuan to 108 million yuan, an increase of 70% ~ 100%.
As with urea industry assembly.there sichuan meifeng, should also will be affected by natural gas shortage, but why do its achievement influence also sharply increased? Sichuan meifeng stock certificate department to reporters who big shareholders, the company sinopec Hertz is the company's main oil, gas and other business, big this year for the company's shareholders air deployment is a great extent care, so the company does not appear in natural gas supply shortage, at present starts in 70% ~ 80%. Though gas prices have certain influence to corporate earnings, but in the first half of this year to offset the price picks up urea gas prices brought about by the profit compression.