Semiconductor packaging material shipments heat up, Changxing's profit increased by 28% in August

Chemical stock Changxing Materials (1717) announced today that it had a pre-tax profit of 269 million yuan from August, an annual growth of 28.05%, and a pre-tax profit per share of 0.23 yuan; the cumulative pre-tax profit from January to August was 2.295 billion yuan, a year-on-year increase of 37.31%, and the pre-tax profit per share reached 1.96 yuan.

Changxing's revenue in August was 4.07 billion yuan, an annual growth of 20.95%. Among them, the shipments of synthetic resins and special materials fell slightly from the previous month, while precision equipment and advanced semiconductor packaging materials were significantly heated up. Changxing pointed out that although the cost of raw materials increased, the product mix was optimized, and the gross profit margin in August increased from the previous month. The operating profit was 256 million yuan and the pre-tax surplus was 269 million yuan, which increased by 72.85% and 28.05% respectively compared with the same period last year.

Changxing also said that since the beginning of this year, the product portfolio has been continuously optimized, which is reflected in the profit growth of the industry. With the intensive acceptance of precision equipment and the increase in shipments of advanced semiconductor packaging materials, the peak season benefits in the second half of the year can be expected.