Jinwu Financial News | The stock price of Sinochem Fertilizer (00297) fluctuated and rose. As of press release, it had risen 4.55% to HK$0.92, with a turnover of HK$4.23 million.
According to the news, the company announced that the Group's turnover for the first quarter of 2024 was approximately RMB 6.639 billion. Net profit was approximately RMB 499 million, an increase of about 1.63% over the previous year, mainly due to the Group's unswerving promotion of the “Bio+” strategic transformation, focusing on core biological products, and continuing to develop biotechnology products, driving steady growth in sales and gross profit levels to withstand the impact of market fluctuations on performance.