COVID-19 Impact: Dashengda to Delay 300 Million Square Meter Paper Packaging Products Project by One Year

Published:2021-11-17 · Industry News

Recently, Dashengda announced that, due to the continued impact of the COVID-19 pandemic and after careful assessment by the company, it plans to adjust the time for the "annual output of 300 million square meters of paper packaging products project" to reach its intended usable state from December 2021 to December 2022.

Dashengda's 2021 third-quarter report shows that the company's main operating revenue was 1.166 billion yuan, up 24.29% year on year; net profit attributable to shareholders of the parent company was 47.0835 million yuan, down 59.63% year on year; net profit after deducting non-recurring gains and losses was 37.4465 million yuan, up 22.32% year on year; of which, in the third quarter of 2021, the company's single-quarter main operating revenue was 411 million yuan, up 13.18% year on year; single-quarter net profit attributable to shareholders of the parent company was 13.9607 million yuan, up 2.21% year on year; single-quarter net profit after deducting non-recurring gains and losses was 11.5697 million yuan, up 62.55% year on year; the debt ratio was 36.36%, investment income was 10.9702 million yuan, financial expenses were 8.5107 million yuan, and the gross profit margin was 11.42%.

Public information shows that the chairman of Dashengda is Fang Nengbin. Mr. Fang Nengbin: born in March 1969, Chinese nationality, master's degree, senior economist, vice chairman of the eighth board of directors of the China Packaging Federation, vice chairman of the China Young Entrepreneurs Association; from June 1997 to the present, he has held positions including vice chairman, general manager and chairman of the board of Shengda Group Co., Ltd.; from April 1999 to the present, he has served as director and general manager of Hangzhou Xinshengda Investment Co., Ltd.; from November 2004 to May 2011, he served as a director of Zhejiang Dashengda Packaging Co., Ltd., and from May 2011 to December 2016, he served as chairman of Zhejiang Dashengda Packaging Co., Ltd.; from December 2016 to the present, he has served as chairman of Zhejiang Dashengda Packaging Co., Ltd.

——This article is reprinted from China Packaging Network (pack.cn). Original link: http://news.pack.cn/show-378686.html

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