Guohai Securities released a research report on April 24 stating that it gave Hengli Petrochemical (600346.SH) a purchase rating. The main reasons for the rating include: 1) significant improvement in business in 2024Q1 and the signing of a memorandum of

Guohai Securities released a research report on April 24 stating that it gave Hengli Petrochemical (600346.SH) a purchase rating. The main reasons for the rating include: 1) significant improvement in business in 2024Q1 and the signing of a memorandum of understanding with Saudi Aramco; 2) operating data by product; and 3) price differences of major products. (Mainichi Keizai Shimbun)

Zhitong Finance31minutes ago

Hengli Petrochemical (600346): Significant profit improvement and dividend ratio increase, plans to cooperate strategically with Saudi Aramco

Key investment points: Profit improvement, dividend ratio increase. In 2023, the company's revenue was 234.791 billion yuan, +5.61% year on year; net profit to mother was 6.905 billion yuan, +197.83% year on year; net operating activity

海通證券35minutes ago

Shanghai Petrochemical (600688): 1Q24 profit reversed year-on-year losses and contributed the main profit to Yingying Refining+Aromatics

The 1Q24 results are in line with our expectations. The company announced 1Q24 results: operating income of 21.3 billion yuan, -3% year over year; net profit to mother was 84 million yuan, which turned a year-on-year loss into profit, mainly due to an improvement in gross profit of petrochemical products, which led to an improvement in the gross profit of petrochemical products

中金公司07:36

Tongkun Group Co., Ltd.'s (SHSE:601233) Top Owners Are Individual Investors With 46% Stake, While 37% Is Held by Private Companies

Key Insights The considerable ownership by individual investors in Tongkun Group indicates that they collectively have a greater say in management and business strategy The top 19 shareholders own 5

Simply Wall St06:19

Shanghai Petrochemical (600688.SH): Net profit of 840.61 million yuan in the first quarter

Gelonghui, April 24 | Shanghai Petrochemical (600688.SH) released its report for the first quarter of 2024. During the reporting period, it achieved operating income of 21.282 billion yuan, a year-on-year decrease of 3.17%; net profit attributable to shareholders of listed companies of 840.61 million yuan; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 98.108 yuan; and basic earnings per share of 0.008 yuan.

Gelonghui FinanceApr 24 19:21

Aramco Inks MOU for Potential Acquisition of 10% of Hengli Petrochemical

Saudi Arabian Oil, also known as Aramco, is in talks with Chinese chemical manufacturer Hengli Group for a potential acquisition of 10% of subsidiary Hengli Petrochemical (SHA:600346), the Saudi-based

MT NewswiresApr 24 11:32