FilingReader Intelligence

Zhengdan Chemical profit surges 120% on higher prices

July 31, 2025 at 05:25 PM UTCBy FilingReader AI

Jiangsu Zhengdan Chemical Industry reported a 120.35% surge in H1 2025 net profit to RMB 630 million, primarily due to higher prices of acid anhydrides and esters.

The company is increasing its foreign exchange derivative hedging limit to $19 billion and purchasing land in Malaysia for MYR 16.5 million.

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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