The market demand is weak "Gloves" and the net profit of half a year has greatly reduced by 93%

Cover reporter Liu Xuqiang

On the evening of August 29, the semi -annual report of "Gloves" British Medical Discovery showed that the company's revenue was 3.74 billion yuan during the reporting period, a year -on -year decrease of 64.96%; net profit attributable to shareholders of listed companies was 402 million yuan, a year -on -year decrease of 93.16%.

It is reported that the decline in British medical performance is mainly due to the weakness of the one -time glove market. In the semi -annual report, British Medical said that the global glove industry is currently in the period of demand -cyclical adjustment, and the overall sales price of the company's products has declined. The main reason is that on the one hand, the new production capacity of the industry has increased significantly, and on the other hand, the demand for downstream customers is weak and the preliminary stocking inventory.

It is understood that from 2020 to 2021, market demand surged, and extreme imbalances in supply and demand led to the increase in the price of one -time Dingyan gloves to 4 to 5 times before the epidemic. In the first quarter of 2021, glove demand and price reached the peak level. Faced with this market demand, many gloves in the world, including British medicine, have expanded production capacity. Today, disposable gloves have become the core business of British medicine.

However, British Medical said that the current supply and demand relationship has changed significantly. Due to the expansion of the industry's production capacity during the epidemic, too much preparation for downstream customers in the early stage, it takes a certain amount of time to digest inventory, and the short -term market demand growth brought by the epidemic is difficult to sustain. At the same time, considering the fierce competition between the original competitors and new entrants in the industry, in order to seize the vicious price competition in the market share, it may further lower the price of gloves in the adjustment period. In addition, global inflation and shipping charges have continued to rise, crude oil prices have soared, and the pressure of large costs such as coal consumption, natural gas, electricity bills, and labor in the glove industry will increase. Essence

As of the afternoon of August 30, British Medical closed down 0.45%to 22.23 yuan/share, with a market value of 14.66 billion yuan.

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