Rongsheng Petrochemical reports mixed H1 2025 results

Rongsheng Petrochemical reported operating income of 148.63 bn yuan in the first half of 2025, a 7.83% decrease from the same period last year. Net profit attributable to shareholders also fell by 29.82% to 602.08m yuan. However, net profit attributable to shareholders, excluding non-recurring gains and losses, increased by 12.28% to 754.96m yuan, indicating a focus on core business profitability.

The company's total assets grew by 1.63% to 384.01 bn yuan, while net assets attributable to shareholders decreased by 0.88% to 43.47 bn yuan. Construction in progress notably increased by 2.10% to 52.81 bn yuan, reflecting ongoing investment in projects.

Rongsheng Petrochemical maintained strategic expansion and technological innovation efforts, including deepening international collaboration with Saudi Aramco. The company also continued share repurchases and shareholding increase plans.