Hengyi Petrochemical (000703): Profit exceeds market expectations, Brunei refining and chemical profits improve

1Q24 performance exceeded market expectations. The company announced 1Q24 results: operating income of 31.7 billion yuan, +11.5% year on year; net profit to mother of 410 million yuan, +1087% year on year, mainly due to 1) Phase I technical transformation of the Brunei project

中金公司Apr 30 11:46

Hengyi Convertible Bonds: Expected to trigger downward correction conditions for share conversion prices

Hengyi Petrochemical Co., Ltd. announced that from April 16, 2024 to April 29, 2024, the closing price of the company's stock was lower than 85% of the current conversion price of “Hengyi Bonds” for 10 trading days, which is expected to trigger downward revision conditions for the share conversion price.

Zhitong FinanceApr 29 19:39

Hengyi Petrochemical's Q1 Profit Surges 1,087%, Revenue Rises 12%

Hengyi Petrochemical's (SHE:000703) attributable profit soared 1,087% to 413.7 million yuan in the first quarter from 34.8 million yuan in the year-ago period, according to a Monday filing with the Sh

MT NewswiresApr 29 17:50

Hengyi Petrochemical (000703): Polyester sector runs smoothly, Brunei's profit recovered month-on-month

Key investment events: The company released its 2024 quarterly report, achieving operating income of 31.7 billion yuan, +12% year-on-month, -9% month-on-month, net profit of 410 million yuan, +1087% year-on-year and +81% month-on-month, after deducting non-net profit

東吳證券Apr 29 00:00

Express News | Hengyi Petrochemical: Net profit from mother in the first quarter was 414 million yuan, up 1087.19% year on year

BreakingsApr 28 16:20

Hengyi Petrochemical (000703): The impact of technological reform is gradually digesting, and the company's core business boom cycle is expected to continue

Incident: On the evening of April 19, 2024, Hengyi Petrochemical released its 2023 annual report. In 2023, the company achieved operating income of 136.148 billion yuan, a year-on-year decrease of 10.46%; achieved net profit to mother 4.

信達證券Apr 28 00:00