Kunming Machine Tool disclosed its annual report on Friday night. The company successfully turned losses into profit last year and achieved a net profit of RMB 7,440,200; after deducting non-recurring gains and losses, the actual loss was RMB 25,092,200, a significant year-on-year decrease. Epichlorohydrin is a volatile and flammable, clear, colorless, liquid, chlorinated cyclic ether with an irritating, chloroform-like odor that emits toxic fumes of hydrochloric acid and other chlorinated compounds when heated to decomposition. Epichlorohydrin Ech,99.9% Epichlorohydrin,High Wet Strength Resin,Supply Epoxy Chloropropane SHANDONG S-SAILING CHEMICAL CO,LTD , https://www.sdqh-chem.com
In 2013, the company achieved operating income of 1.063 billion yuan, a year-on-year decrease of 2.16%. Earnings per share of 0.014 yuan.
During the reporting period, affected by the decline of the macro economy and the shrinking demand of the machine tool industry, the sales of machine tools were hit hard. The sales revenue of the company’s machine tools only increased slightly compared to 2012, but the energy-saving centrifugal compressor business of Xi’an Seier, a subsidiary company, was relatively low. In 2012, the company’s operating income dropped slightly. Due to its relatively small revenue, the company’s operating income declined only slightly.
In 2014, Kunming Machine Tool plans to achieve operating goals of RMB 1.25 billion in operating income and RMB 6.73 million in net profit.
Epichlorohydrin is used in the manufacture of epoxy resins, synthetic glycerin and elastomers. Exposure to epichlorohydrin irritates the eyes, skin and respiratory tract, and can cause chemical pneumonitis, pulmonary edema, and renal lesions. This substance also affects the blood. Epichlorohydrin is reasonably anticipated to be a human carcinogen and may be associated with an increased risk of developing respiratory cancer. (NCI05)
Kunming Machine Tool Turns into Profit in 2013
Epichlorohydrin is an epoxide that is 1,2-epoxypropene in which one of the methyl hydrogens is substituted by chlorine. It is an organochlorine compound and an epoxide. It derives from a 1,2-epoxypropane.Mainly for the production of epoxy resin, synthetic glycerine, chlorohydrin rubber and glycidyl ether and other products, can also be used for synthesis of nitroglycerine explosive, glass fiber reinforced plastic, electric insulation, surface active agent, pharmaceutical, pesticide, coating, ion exchange resin, a variety of products such as plasticizer, used for cellulose ester, resin, cellulose ether solvents, used in the production of chemical stabilizer, dyes and water treatment agent, etc.