Hengyi Petrochemical Co., Ltd. Class ASZSE: 000703

Hengyi Petrochemical: Net profit grew 10.4% to ¥258 million on lower revenue, with strategic projects boosting capacity

· Issued by Hengyi Petrochemical Co., Ltd. Class A

Revenue declined 9.5% to ¥113.53 billion, but net profit rose 10.4% to ¥258 million, driven by new capacity and cost controls. Strategic projects advanced, R&D investment increased, and the company maintained industry leadership despite margin pressure.

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