FilingReader Intelligence
Hengli Petrochemical first quarter net profit drops amid industry headwinds
April 21, 2025 at 05:11 PM UTC•By FilingReader AI
Hengli Petrochemical [SSE:600346] reported first-quarter revenue of CN¥57.05 billion, a slight decrease from CN¥58.41 billion in the same period last year, according to its first-quarter report. Net profit totaled CN¥2.05 billion. The company attributes the decline in net profit to the industry downturn impacting new material product prices, though profit margins remain relatively stable.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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