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North Huajin Chemical IndustriesLtd's (SZSE:000059) Three-year Decline in Earnings Translates Into Losses for Shareholders
North Huajin Chemical Industries (000059.SZ): The subsidiary signed a Contract Energy Management Contract with China Ordnance energy-saving and environmentally friendly.
Gelonghui September 19th | North Huajin Chemical Industries (000059.SZ) announced that its wholly-owned subsidiary, Aksu Huajin Fertilizer Co., Ltd. (referred to as "Aksu Huajin Fertilizer"), intends to sign a contract energy management contract with China North Industries Group Corporation Limited (referred to as "China North Industries Energy-Saving and Environmentally Friendly") for the energy-saving optimization and transformation of the urea plant and the fuel system. The two parties have contractually agreed on the energy-saving targets of the project, and China North Industries Energy-Saving and Environmentally Friendly will provide the necessary services to achieve the energy-saving targets for the energy-consuming units. Aksu Huajin Fertilizer will pay the energy-saving service company's inputs and reasonable profits for energy-saving benefits, energy-saving service fees, or energy management fees.
North Huajin Chemical Industries (000059.SZ): The maintenance of petrochemical and supporting facilities has been completed and the operation has started.
As of the date of this announcement, the maintenance and operation of the petrochemical and supporting facilities of North Huajin Chemical Industries (000059.SZ) have been completed and successfully started. During the maintenance period, the company conducted routine equipment inspection, maintenance and upkeep of the production facilities to ensure the safe and smooth long-term operation of the facilities.
Huajin Co., Ltd.: Summary of the 2024 Semi-Annual Report
Huajin Co., Ltd.: 2024 Semi-Annual Report
North Huajin Chemical Industries (000059.SZ): Net loss of 0.743 billion yuan in the first half of the year, with a widened loss compared to the same period last year.
On August 28, Gelonhui announced the interim report for the first half of 2024, with a total operating income of 21.163 billion yuan, a year-on-year decrease of 2.74%; the net income attributable to shareholders of the listed company was -0.743 billion yuan, with an expanded year-on-year loss; the net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was -0.755 billion yuan, with an expanded year-on-year loss; the basic earnings per share was -0.4645 yuan.
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