HK Stock Market Move | CHINA BLUECHEM (03983) fell nearly 3% with a 6.74% decrease in mid-term net profit attributable to shareholders compared to the same period last year. The selling price of urea decreased significantly year-on-year.
CNOOC Oil Chemicals (03983) fell by nearly 3%, as of the time of publication, it fell by 1.2% to HK$2.47, with a turnover of HK$7.862 million.
CHINA BLUECHEM (03983) fell by nearly 3%, as of the time of writing, it fell by 1.2% to HKD 2.47, with a turnover of HKD 78.62 million.
On the news front, recently, CHINA BLUECHEM released its interim results for the six months ending June 30, 2025, with sales revenue of RMB 5.85 billion, down 2.6% year-on-year; attributable net profit of RMB 641 million, down 6.74% year-on-year; and basic earnings per share of RMB 0.14.
The announcement stated that the decrease in revenue is mainly due to fluctuations in the urea market, with the group's urea sales prices showing a significant decrease year-on-year.
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