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Hong Kong stocks Concept Tracking | Under the guidance of policies, the recovery of domestic demand is expected, Institutions are Bullish on the chemical Sector and expect a turnaround in prosperity (including Concept stocks).
The reversal of the chemical industry's prosperity may not be far away.
Hong Kong stock concept tracking | Multiple chemical companies are expected to perform well in the first three quarters, and the chemical industry is entering the 'Golden September and Silver October' season (with concept stocks).
The chemical industry is expected to enter the best demand peak season of the year.
CHINA SANJIANG: 2024 INTERIM REPORT
CICC Securities: The chemical industry continued to fluctuate in the first half of the year, with strong tire exports and double growth in revenue and performance.
In the first half of 2024, the chemical industry achieved revenue of 1237.63 billion yuan, a year-on-year increase of +4.2%; net income attributable to the company was 75.25 billion yuan, a year-on-year increase of +0.8%.
In the performance, China Sanjiang Chemical Industry (02198.HK) recorded a half-year net profit of 0.154 billion RMB, an increase of 489.8%.
China Sanjiang Chemical (02198.HK) announced its interim performance as of the end of June this year, with revenue of 9.24 billion yuan RMB, an increase of 101.3% year-on-year. Net profit was 0.154 billion yuan, an increase of 489.8% year-on-year; earnings per share were 13.3 cents. No dividend will be distributed.
China Sanjiang Reports Turnaround With Soaring Revenues
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