Hengli Petrochemical: Net profit for the first three quarters of 2026 is expected to increase by approximately 104.20%.
Hengli Petrochemical announced that it expects to achieve net profit attributable to shareholders of the listed company of approximately RMB 10.256 billion for the first three quarters of 2026, an increase of approximately 104.20% year on year; net profit attributable to shareholders after deducting non-recurring gains and losses is approximately RMB 7.906 billion, an increase of approximately 88.89% year on year. The earnings growth is mainly due to improvement in the industry supply-demand landscape and a recovery in market conditions, stable operation of the company's core units, significant restoration of processing spreads in the refining and PTA segments, and the continued release of synergies across the industrial chain. The data in this earnings forecast are unaudited and shall be subject to the official third-quarter report.
Latest
9 m ago

