On April 2, Atlantic (600558) recently released its 2020 annual report. During the reporting period, the company achieved an operating revenue of 3011530875.55 yuan, a year-on-year increase of 8.03%; The net profit attributable to the shareholders of the listed company was 105908434.82 yuan, a year-on-year increase of 27.64%.

大西洋2020年净利1.06亿增长27.64% 产品销售毛利增加 The net cash flow from operating activities during the reporting period of

was 99897703.98 yuan, and the net assets attributable to shareholders of the listed company by the end of 2020 were 2108139845.94 yuan.


2020, the novel coronavirus pneumonia epidemic impact, the world economy is seriously slump, the industry chain supply chain is blocked, international trade and investment shrink, and commodity market turbulence. Domestic consumption, investment and exports declined, the economy showed negative growth in the first quarter, the production and living order was impacted, and the downward pressure on the domestic economy increased. Novel coronavirus pneumonia is the only way to ensure that no one employee is diagnosed or suspected to have new crown pneumonia, with the joint efforts of the management team and all staff under the correct decisions of the board of directors and the joint efforts of the whole staff. Focus on enterprise production and operation, deepen reform, accelerate innovation and accelerate transformation, steadily improve the quality and efficiency of enterprise operation, and develop steadily. During the reporting period, the company's main economic indicators such as output, sales volume, main business income and total profit increased by 0.12%, 8.77%, 7.46% and 46.35% respectively year-on-year. The year-on-year growth of main business income was mainly due to the increase of sales volume and total profit, mainly due to the increase of gross profit on product sales, other business profits and investment income.

The financial expenses during the period

were 17467316.77 yuan, a year-on-year increase of 20.82%, mainly due to the increase of exchange losses. The investment income during the period was 10515511.97 yuan, compared with 5791049.79 yuan in the same period of last year. According to the announcement, the total remuneration of directors, supervisors and senior managers during the reporting period was 5.0954 million yuan.

According to the disclosure of

announcement, the profit distribution plan proposed by the board of directors is to distribute a cash dividend of RMB 0.40 (including tax) for every 10 shares to all shareholders based on the total share capital of 897604831 shares, totaling RMB 35.9042 million. The profit distribution plan needs to be reviewed and approved by the general meeting of shareholders of the company.

According to the data of

digging shell network, Atlantic's main business is the R & D, production and sales of welding materials such as welding rods, welding wires and fluxes.




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