CHINA BLUECHEM (03983) announced its interim results, with a profit attributable to shareholders of 507 million yuan, a decrease of 20.78% year-on-year.

date
21:26 19/08/2026
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GMT Eight
China National Offshore Oil Corporation Petrochemical (03983) announced its interim results for the six months ended June 30, 2026, reporting sales revenue of 5.619 billion yuan, a decrease of 3.95% year-on-year; profit attributable to the company's owners was 507 million yuan, a decrease of 20.78% year-on-year; earnings per share were 0.11 yuan.
CHINA BLUECHEM (03983) released its interim results for the six months ended June 30, 2026, reporting sales revenue of 5.619 billion yuan, a decrease of 3.95% year-on-year; the profit attributable to owners of the company was 507 million yuan, a decrease of 20.78% year-on-year; earnings per share were 0.11 yuan. During the reporting period, the company advanced its fundamental efforts for safety production, enhancing safety awareness as a focus, continuously strengthening safety culture construction, and improving the refined management level of production operations. In the first half of the year, the planned maintenance of the Phase I fertilizer facility at Fudao was successfully completed, and the installation and commissioning of the upgraded equipment for the first and second reactors were carried out smoothly, resolving the long-standing technical challenges of equipment replacement and upgrading that had not been addressed. Four out of the five main facilities operated continuously for over 100 days. As a result, during the first half of the year, the company produced 955,000 tons of urea; 720,000 tons of methanol; 287,000 tons of phosphate and compound fertilizers; and 110,000 tons of acrylic nitrile series products.