Hualu-Hengsheng Chemical's H1 Profit Jumps 50%, Revenue Climbs 9%

MT Newswires Live

08/20

Shandong Hualu-Hengsheng Chemical's (SHA:600426) net profit attributable to shareholders for the first half jumped 50% to 2.35 billion yuan from 1.57 billion yuan a year earlier, according to a Shanghai bourse filing on Thursday.

Earnings per share also rose year on year to 1.11 yuan from 0.74 yuan.

Operating revenue inched 8.9% higher to 17.2 billion yuan from 15.8 billion yuan in the previous year.

The company decided to distribute a cash dividend of 0.26 yuan per share.

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