Guoxin Securities's 24-year chemical strategy: the economy is expected to bottom out and rebound, optimistic about the direction of upstream core resource products and downstream emerging chemicals
We are more optimistic about the investment direction of upstream core resource products and emerging chemicals where downstream demand is expected to continue to grow.
Business Society: The slight adjustment in phosphoric acid prices is expected to be weak in the short-term market, mainly
As of November 22, the average domestic reference price of 85 caloric phosphoric acid was 7080 yuan/ton, down nearly 2% from the average reference price of 7,200 yuan/ton on November 1.
Summary of the Bank of China Securities Basic Chemical Report for the Third Quarter of '23: Low profit levels are expected to stabilize the demand side or continue to improve
The Zhitong Finance app learned that Bank of China Securities released a research report saying that under the influence of factors such as weak downstream demand, the overall profitability of the basic chemical industry in the first three quarters of 2023 fell to a recent low level, and the performance of some sub-industries improved in 23Q3
Changan Renheng announced the first three quarter results, profit attributable to shareholders of 6.2443 million yuan, turning a year-on-year loss into a profit
Changan Renheng (08139) announced the third quarter results for the nine months ended September 30, 2023. The group obtained revenue of 120 million yuan (RMB, same below) during the period, an increase of 9.21% over the previous year; profit attributable to shareholders of 6.2443 million yuan; loss attributable to shareholders for the same period last year was 362,700 yuan, turning a profit over the previous year; and basic profit per share was 0.16 yuan. According to the announcement, the increase in earnings was mainly due to increased sales of organobentonite and inorganic gels during the reporting period.
CHANGAN RH: THIRD QUARTERLY REPORT 2023
CHANGAN RH: THIRD QUARTERLY RESULTS ANNOUNCEMENT FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2023