North Huajin Chemical Industries (000059.SZ) issued a profit warning, expecting a net loss of 2.6 billion to 2.9 billion yuan in fiscal year 2024, turning from profit to loss year-on-year.

North Huajin Chemical Industries (000059.SZ) released its performance forecast for the year 2024, expecting a net loss of 2.6 billion to 2.9 billion yuan attributable to shareholders of the listed company, a change from profit to loss compared to the previous year. In 2024, the company conducted a routine shutdown maintenance every three years; at the same time, the company's operating performance significantly declined compared to the same period of the previous year due to factors such as large fluctuations in the international crude oil market and insufficient downstream demand in the petrochemical industry.