Changan Renheng (08139): No longer announcing and publishing quarterly financial results
Zhitong Finance App News, Changan Renheng (08139) issued an announcement. After considering that the Hong Kong Stock Exchange Limited (Stock Exchange) issued a consultation summary on GEM listing reform in December 2023 (which actually abolished mandatory quarterly reporting requirements for GEM listed companies), and in accordance with paragraph D.1.6 of Appendix C1 of the Stock Exchange's GEM Securities Listing Rules, the company has decided not to continue publishing and publishing its quarterly financial results and reports for the following reasons: The company's interim and annual results announcements and reports have sufficient disclosure information; and the company's compliance and administrative costs A decrease is expected.
Changan Renheng (08139) announced 2023 results. Profit attributable to equity holders increased by 62.2% to about 2.303 million yuan
Changan Renheng (08139) announced its 2023 results, with turnover increasing 7.6% to approximately RMB 162 million...
CHANGAN RH: ANNUAL REPORT 2023
CHANGAN RH: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
The polyethylene market is likely to be under pressure for the rest of the year
After the peak season for PE film ends, the release of packaging demand from the Double 11 shopping frenzy, and the arrival of winter, the overall plant operating rate is expected to decline and remain at a relatively low level.
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 RH: THIRD QUARTERLY REPORT 2023
CHANGAN RH: THIRD QUARTERLY RESULTS ANNOUNCEMENT FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2023
Summary of China Merchants Securities Basic Chemical's three-quarter report in '23: The business cycle is expected to bottom out and is optimistic about marginal demand recovery
The Zhitong Finance App learned that China Merchants Securities released a research report saying that on the supply side, under the guidance of carbon peak and carbon neutrality policies, supply in the chemical industry will continue to be restricted, and the elimination of lagging inefficient production capacity will further concentrate market share on leading companies; on the demand side, with inventory pressure gradually easing and the macroeconomic environment expected to improve marginally, demand in the basic chemical industry is expected to continue to improve.
Guohai Securities: The bottom profit of the chemical industry has been confirmed to maintain the industry's “recommended” rating
The Zhitong Finance App learned that Guohai Securities released a research report stating that taking into account the steady recovery in profits in the chemical industry and the gradual improvement in inventory turnover, while the industry's production capacity continues to expand, the “recommended” rating for the chemical industry is maintained.
CHANGAN RH: 2023 Interim Report
CHANGAN RH: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2023
CHANGAN RH: NOTICE OF BOARD MEETING
Changan Ren Heng (08139) announced first-quarter results, shareholders' attributable loss of 282,700 yuan narrowed 83.66% year-on-year
According to the Zhitong Finance App, Changan Ren Heng (08139) announced the first quarter results for the three months ending March 31, 2023. The group earned revenue of 334.77,500 yuan (RMB, same below) during the period, an increase of 16.27% over the previous year; losses attributable to shareholders were 282,700 yuan, a year-on-year decrease of 83.66%; and a basic loss of 0.01 yuan per share. According to the announcement, the increase in revenue was mainly due to an increase in organic bentonite sales and papermaking chemical series sales during the reporting period. The main reason for the increase in revenue was that the epidemic was gradually brought under control, making market demand the same during this reporting period compared to 2022
Changan Ren Heng (08139.HK)'s net loss in the first quarter narrowed 83.6% year-on-year to about 283,000 yuan
Gelonghui, May 12, 丨 Changan Ren Heng (08139.HK) announced that in the three-month period ending March 31, 2023, revenue increased by 16.3% to approximately RMB 334.77 million. Company equity holders' losses during the period were reduced by 83.6% to approximately RMB 283,000. The basic loss per share decreased by 80.0% to approximately RMB 0.01 (2022: approximately RMB 0.05). The Board resolved not to pay any dividends for the 3 months ending March 31, 2023 (2022: zero). The increase in revenue was mainly due to organic bentonite sales during the reporting period
CHANGAN RH: FIRST QUARTERLY REPORT 2023
CHANGAN RH: FIRST QUARTERLY RESULTS ANNOUNCEMENT FOR THE THREE MONTHS ENDED 31 MARCH 2023
Changan Ren Heng: Clarification Announcement Annual Results Announcement, 2022 Annual Report
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