On July 10, Juhua announced its main operating data for the first half of 2023.
The announcement shows that in the first half of 2023, the output of Juhua's fluorine chemical raw materials was 532,499.74 tons, a year-on-year increase of 23.79%, and its operating income was 531.3324 million yuan, a year-on-year decrease of 26.33%; the output of HFCs refrigerants was 158,528.32 tons, a year-on-year decrease of 8.57%. It was 2,087.6715 million yuan, a year-on-year decrease of 14.97%; the output of fluoropolymers was 24,731.69 tons, a year-on-year increase of 33.42%, and the operating income was 1,056.1993 million yuan, a year-on-year decrease of 18.58%.
In the first half of 2023, the production and operation of Juhua's main products generally showed the characteristics of volume increase, price decline and no income increase.
Juhua said that due to multiple factors such as "strong supply and weak demand", the intensification of the contradiction between supply and demand, the decline in the market price of product raw materials, and the weakening of product price cost support, the overall product price fell year-on-year. Juhua Co., Ltd. actively overcomes difficulties such as weak product market demand and fierce competition, and maintains stable production and operation. Overall, the production and sales of major products have increased year-on-year.