Huafeng Chemical net profit falls 35% despite strong cash flow

Huafeng Chemical reported net profit of 983 million yuan for the first half of 2025, down 35% year-over-year, with operating revenue falling 12%.

However, cash flow from operating activities jumped 83% to 1.35 billion yuan. The company also scaled back its spandex project from 300,000 tons to 250,000 tons capacity and delayed completion to December 2026.