Asian plastics, Kona apply primary listing Add Comment

KY Ya Plastic listed shares immediately boarded the plasticizing king rose only 1 percent large bubble wrap in early trading as expected
KY Ya Plastic current capital amounted to 1.236 billion yuan, the main products are EVA foam materials, the company set up operational headquarters in China's shoes - Jinjiang City, Fujian Province, mainly engaged in used in shoes, bags, toys and sporting goods such as vinyl - acetate ethylene copolymer (EVA) foam materials research and development production and sales. EVA blended foam products have good plasticity, elasticity, shock resistance, chemical resistance and low temperature resistance and other characteristics, so very versatile, multi-product used in various livelihood and industrial products such as: functional shoe soles insoles, portable and trolley box or computer bag lined with a sheet, gifts and all kinds of toys and industrial products, sports equipment, shockproof materials, building air-conditioning pipe insulation and flooring and other kinds of foam sheet. Currently reinvestment of each subsidiary included Sansda Holding Limited, large bubble wrap three Star (Hong Kong), three Star (Fujian) Plastic and three Sida (Jiangsu) environmental technology and other companies.
KY Ya Plastic products are domestic mainland China, while China EVA foam materials market is in short supply, productivity tends to load, is actively amplification machine to meet the order requirements, revenue monthly high of two years doubled production capacity 700,000 cubic meters. Currently, the Group's production, operation subject is three Star (Fujian) Plastic Company, actively expanding production capacity this year, before the end of the new base station 13, a total of 35, co-production capacity of 350,000 cubic meters, with production capacity of Jia moving monthly rate will increase, but this year will add three Sida (Jiangsu) environmental technology company, as the future expansion of production capacity and automobiles, large bubble wrap building materials and other new products, place two years after the doubling of production capacity, the machine will be 70 units, hold onto Chinese leading manufacturer of EVA foam sheet position. large bubble wrap
KY Ya Plastic (1337) Tomorrow will be listed on the offer price 95 yuan. Chairman Chairman Ding made of gold, said the first half of the Spring Festival, the second half than the first half of the performance is good, this year there are new plant into operation from March, the second half is certainly better than the first half, Chief Financial Officer large bubble wrap Xue Wei said that this year may becomes 4 to 6, or even 3:7, this figure estimated in the second half revenue growth will challenge the 5 percent. For the outside world care about overseas listed companies dividend policy, Chief Financial Officer Xue Wei said the company regulations, surplus of at least one to be paid dividends, cash dividends can not be less than the dividend of 10%, is somewhat low, the future will depend on market conditions and the Company's capital requirements adjusted.
Asian plastic after-tax earnings for the first half of 491 million large bubble wrap yuan, representing a growth of 19% over the same period last year, consolidated net earnings per share of 4.01 yuan; first quarter due to higher oil prices, decline in gross margin, EPS was 1.6 million, second quarter stabilize oil prices lower gross margin improved, EPS approximately 2.4 million. large bubble wrap Xue Wei said that the new machine into operation large bubble wrap in March after another installation is complete, push up revenues upward, March revenue 85 million yuan, in May climbed to 98 million, in July amounted to 101 million yuan, up and down this year than in previous years, a large difference Parliament . On the second half of last year was 43 to 57, he said that this year may be 4:6 or even 3:7 is also possible that the second half performance will be better than the first half. In this estimate, the second half will challenge the 50% revenue growth.
After the expansion plant, Plant attendant console up to 55-60 units, total capacity will reach 56 to 600,000 cubic meters, the new machine is installed and have been put into production, the expansion of economic benefits gradually under planning, you can hold onto China EVA foam material leading manufacturers position.
Ya Plastic permitted Q3 primary listing is currently listed on the Asian capital amounted to 1.236 billion yuan of plastic, the main products are EVA foam materials, the company set up operational headquarters in China's shoes - Jinjiang City, Fujian Province, mainly large bubble wrap engaged in used in shoes, bags, toys and sporting goods such as ethylene - vinyl acetate copolymer (EVA) foam materials research and development production large bubble wrap and sales. EVA blended foam products have good plasticity, elasticity, shock resistance, chemical resistance and low temperature resistance and other characteristics, so very versatile, multi-product used in various livelihood and industrial products such as: functional shoe soles insoles, portable and trolley box or computer bag lined with a sheet, gifts and all kinds of toys and industrial products, large bubble wrap sports equipment, shockproof materials, building air-conditioning pipe insulation and flooring large bubble wrap and other kinds of foam sheet.
Asian plastics, Kona apply primary listing Add Comment
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