The quarterly report of the three quarter of the listed company was released in October 31st. Due to the improvement of the market, the high price of chemical fertilizer and the brilliant performance of listed chemical fertilizer companies, 22 companies have achieved net profit of 8.043 billion yuan, a substantial increase of 220.13% over the same period of last year, which has reached a record high.

The growth rate of nitrogenous fertilizer industry is the largest. The first three quarters achieved a total profit of 6 billion 76 million yuan, less than 700 million yuan in the same period last year, a significant increase of 851.11% over the same period last year. Of the 11 nitrogenous fertilizer companies, only Hechi Chemical and Liuhua have two losses, the least in recent years. The main reason for the loss of the two companies is underemployment. The profits of other companies are over 100 million yuan, and the profits of Hua Lu Heng Sheng and Luxi Chemical Company are over 2 billion yuan. Hualu Hengsheng's profit was 2.535 billion yuan, an increase of 198.95% compared with the same period last year; Luxi's chemical industry profit reached 2.351 billion yuan, an increase of 119.39% compared with the same period last year. Luxi Chemical said that in the first three quarters, the company timely grasped market changes, flexibly adjusted sales prices, gave full play to the advantages of Park integration, maintained a balance between production and marketing, and achieved better economic benefits.

The phosphate fertilizer industry also performs well. None of the three listed phosphorus fertilizer companies lost money, with a total profit of 208 million yuan in the first three quarters, an increase of 147.25% over the same period last year. Among them, Yuntianhua's profit growth was the largest, up 294.69% year-on-year. The company said that the prices of monoammonium phosphate and diammonium phosphate increased by more than 10%, which increased the company's profit.

The performance of potash fertilizer industry is relatively dull. Salt Lake shares suffered a huge loss of 1.213 billion yuan, mainly due to the parking of some installations affected by safety accidents in the PVC integration project and the depreciation of the magnesium integration project. Its fertilizer products are still profitable. In the first three quarters, Salt Lake shares produced 3.2672 million tons of potassium chloride and sold 3.4376 million tons.

The compound fertilizer industry is turning around. In the first two years, the performance of compound fertilizer listed companies has been decreasing, and the first three quarters of this year witnessed a positive growth. The 6 compound fertilizer listed companies all made a profit, achieving a total profit of 2 billion 220 million yuan, up 12.46% over the same period last year. Among them, Xinyang Feng, Swart, Yun chart holdings increased by more than 20%. Jin Zhengda became the most profitable compound fertilizer listed company, earning a profit of up to 954 million yuan in the first three quarters. Faced with rising cost pressures, the compound fertilizer company strengthened its profitability by strengthening agricultural and chemical services, actively developing marketable new products, realizing brand strategy and extending to the agricultural field.

The performance of listed chemical fertilizer companies in the first three quarters increased greatly, which is also a microcosm of the overall recovery of the fertilizer industry. Statistics show that from January to August this year, the main business income of the nitrogen fertilizer industry was 142.83 billion yuan, an increase of 15.4% over the same period last year, and the total profit of the whole industry was 496 billion yuan, an increase of 31.6% over the same period last year.