Nanjing Chemical Fiber: Expected net loss of 65 million to 75 million in the first half of the year

Jinshi data news on July 9th, Nanjing Chemical Fiber announced on the evening of July 9th that it is expected to incur a net loss of 65-75 million yuan in the first half of 2024, compared with a net loss of 51.9194 million yuan in the same period last year. In the first half of this year, the overall trend of sales prices of viscose staple fiber has slightly pumped, the purchase prices of raw material wood pulp continue to pump, while the purchase prices of coal and liquid alkali have decreased. There is still an apparent loss in operation due to the phenomenon of the cost of viscose staple fiber being lower than the selling price, but the loss has significantly narrowed. In the first half of the year, the sales price of wind turbine blades has further declined due to industry competition, and the business expansion in non-wind power industry is still below expectations, resulting in a slight pump in PET structural core material sales volume compared to the same period last year, with sales revenue remaining basically unchanged and low capacity utilization rate.