Oriental Shenghong's first-half 2026 net profit surges 1065% year on year

Earnings
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Oriental Shenghong released its 2026 semi-annual report, achieving operating revenue of 69.924 billion yuan, up 14.79% year on year. Net profit attributable to shareholders of the listed company was 4.5 billion yuan, up 1065.1% year on year. The profit growth mainly benefited from geopolitical conditions driving crude oil price centers higher and a gradual recovery in petrochemical industry prosperity. Leveraging the advantages of its integrated full-industry-chain layout, the company flexibly adjusted its product mix to achieve revenue and profit growth. Among this, second-quarter net profit was 3.068 billion yuan, up 114% quarter on quarter.

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