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Investors Still Aren't Entirely Convinced By Zhejiang Chang'an Renheng Technology Co., Ltd.'s (HKG:8139) Revenues Despite 46% Price Jump
CICC Securities: The chemical industry continued to fluctuate in the first half of the year, with strong tire exports and double growth in revenue and performance.
In the first half of 2024, the chemical industry achieved revenue of 1237.63 billion yuan, a year-on-year increase of +4.2%; net income attributable to the company was 75.25 billion yuan, a year-on-year increase of +0.8%.
Sealand Securities: The cyclical upturn of PX and pure benzene is expected.
The pure benzene industry has limited new production capacity, and the supply-demand imbalance is expected to continue. Stimulated by demand, it is expected that the global pure benzene industry operating rate will rebound strongly from 2024 to 2026.
CHANGAN RH: 2024 Interim Report
Express News | Zhejiang ChangAn Renheng Technology H1 Gross Margin 40.8%
CHANGAN RH: INTERIM RESULTS ANNOUNCEMENTFOR THE SIX MONTHS ENDED 30 JUNE 2024
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