Jiangsu Eastern Shenghong Co: Net profit up 21% YoY despite 16% revenue drop, with strong EVA and recycled fiber growth

About this update from Jiangsu Eastern Shenghong Co., Ltd. Class A

Revenue declined 16.36% YoY to RMB 60.92 billion, but net profit rose 21.24% to RMB 386 million, driven by improved cost control and strong performance in new energy and advanced materials. The company expanded EVA capacity and maintained industry leadership in acrylonitrile and recycled fibers.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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