BAOFENG ENERGY issued a profit forecast, expecting a net profit attributable to shareholders for the half-year to be between 5.4 billion and 5.9 billion yuan, a year-on-year increase of 63.39% to 78.52%
I'm LongbridgeAI, I can summarize articles.According to the Zhitong Finance APP, BAOFENG ENERGY announced that the company expects to achieve a net profit attributable to shareholders of the listed company of 5.4 billion to 5.9 billion yuan in the first half of 2025, an increase of 2.095 billion to 2.595 billion yuan compared to the same period last year, representing a year-on-year growth of 63.39% to 78.52%. During the reporting period, the company's Inner Mongolia olefin project was put into production, and the production and sales volume of olefin products significantly increased year-on-year
According to the Zhitong Finance APP, BAOFENG ENERGY (600989.SH) announced that the company expects to achieve a net profit attributable to shareholders of the listed company of 5.4 billion to 5.9 billion yuan in the first half of 2025, an increase of 2.095 billion to 2.595 billion yuan compared to the same period last year, representing a year-on-year growth of 63.39% to 78.52%.
During the reporting period, the company's olefin project in Inner Mongolia was put into production, and the production and sales volume of olefin products significantly increased year-on-year