Huajin Shares disclosed its earnings forecast, expecting attributable net profit for the first half of 2026 to be between 350 million and 400 million yuan, compared with a loss of 989 million yuan in the same period last year, swinging to profit year-on-year. Basic earnings per share are estimated at 0.2188 yuan to 0.2501 yuan. The company said that a phased adjustment in the global crude oil supply and demand landscape has driven up chemical product market prices, and the release of its low-cost crude oil inventory has supported improved profitability.
North Huajin Chemical Industries Co LtdPhased adjustment in global crude oil supply and demand landscape drove up chemical product prices, and low-cost crude oil inventory release improved profitability.