09936 XIMEI RESOURCES
- 3.090
- +0.050+1.64%
XIMEI RESOURCES News
Express News | Ximei Resources Holding H1 Net Income RMB 62.7 Million
Express News | Ximei Resources Holding H1 Revenue RMB 902.6 Million
XIMEI RESOURCES: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024
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.
Ximei Resources Plans Key Financial Meeting
Ximei Resources (09936.HK) plans to hold a board of directors meeting on August 23 to approve its interim performance.
Ximei Resources (09936.HK) announced that it will hold a Board of Directors meeting on Friday, August 23, 2024 to review and approve the unaudited interim performance of the Group for the six months ended June 30, 2024, propose the interim dividend (if any), and handle any other matters.
China International Capital Corporation: The internationalization level of domestic chemical industry leading enterprises is relatively low, and the route of capacity going abroad is a must.
Exporting production capacity is an important way for Chinese chemical enterprises to promote international development, expand markets, and achieve win-win cooperation, and it is also a necessary path for excellent Chinese chemical enterprises to further grow and strengthen.
Ximei Resources Announces Executive Changes
Ximei Resources (09936.HK): Zhang Shizhe was appointed as company secretary
On May 31, Ge Longhui | Ximei Resources (09936.HK) issued an announcement. Chen Hanyun has proposed to resign as company secretary, authorized representative and agent for legal process documents, with effect from May 31, 2024. Zhang Shizhe has been appointed as the company secretary, authorized representative and agent for legal proceedings, with effect from May 31, 2024.
Weak Statutory Earnings May Not Tell The Whole Story For Ximei Resources Holding (HKG:9936)
Changes in Hong Kong stocks | Ximei Resources (09936) fell by more than 6%, annual net profit decreased by 16.8% to about RMB 87.1 million, gross margin fell 7.9%
The Zhitong Finance App learned that Ximei Resources (09936) fell by more than 6%. As of press release, it was down 0.95% to HK$3.13, with a turnover of HK$199,500. According to the news, Ximei Resources announced its 2023 results. Revenue increased 37.6% to approximately RMB 1,403 billion; gross profit increased 1.5% to approximately RMB 310 million; profit attributable to the company's shareholders decreased by 16.8% to approximately RMB 87.1 million, with a basic profit of 0.24 yuan per share. According to the announcement, gross margin fell from about 30.0% in 2022 to about 22.1% in the year under review. The decline was mainly due to a review
XIMEI RESOURCES: Annual Report 2023
Ximei Resources Shareholders to Vote May 27 on Share Issuance, Repurchase
Ximei Resources (09936.HK)'s annual revenue increased 37.6% to about 1.403 billion yuan
On March 22, GLONGHUI | Ximei Resources (09936.HK) announced that for the year ended December 31, 2023, the company's revenue increased by 37.6% to approximately RMB 1,403.2 million. Gross profit increased by 1.5% to approximately RMB 310.4 million. Gross margin decreased by 7.9% to 22.1%. Profit attributable to the company's shareholders decreased by 16.8% to approximately RMB 87.1 million. The Board does not recommend any final dividend.
XIMEI RESOURCES: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2023
Ximei Resources (09936.HK) plans to hold a board meeting on March 22 to approve annual results
Gelonghui March 11 | Ximei Resources (09936.HK) announced that a board meeting will be held on Friday, March 22, 2024 to review and approve the Group's audited annual results for the year ended December 31, 2023 and the proposed payment of a final dividend (if any), and to deal with any other matters.
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
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.
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