Hengyi Petrochemical's net profit for the first half of the year increased significantly year-on-year.

Chempricehub, August 13 news
Hengyi Petrochemical disclosed its semi-annual report on August 10, stating that the company achieved operating revenue of RMB 67.309 billion in the first half of the year, a year-on-year increase of 20.28%; net profit attributable to shareholders of the listed company reached RMB 5.902 billion, compared to RMB 227 million in the same period last year, representing a year-on-year increase of 2500.73%; basic earnings per share stood at RMB 1.75. The company plans to distribute a cash dividend of RMB 9 (tax inclusive) per 10 shares to all shareholders.