Dongyue Expects 150% Profit Surge in H1 on Stronger Refrigerant Prices

MT Newswires Live
11 Jul

Dongyue Group (HKG:0189) expects net profit attributable to owners of the company to jump about 150% for the six months ended June 30, compared with the same period last year, according to a Thursday bourse filing.

The surge was mainly driven by a sharp rise in prices of certain refrigerant products, the filing said.

Shares of the company slipped about 1% in Friday's morning trade.

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