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China Bluechem Sees Record-High Interim Profit From Recurring Operation Since 2013

indie
6 minutes

HONG KONG, Aug 26, 2022 - (ACN Newswire via SEAPRWire.com) - China BlueChemical Ltd. ("China BlueChem" or the "Company," stock code: 3983), the largest state-owned chemical fertiliser producer and the leading methanol producer in China, announced its unaudited interim results for the six months ended 30 June 2022. Financial Highlights (Unaudited):For the Six Months Ended 30 June(RMB Million) 2022 2021 ChangeRevenue 7,371 6,110 +20.6%Gross Profit 1,408 1,285 +9.6%Net Profit Attributable to Owners of the Company 937 1,246 -24.8%Net Profit Attributable to Owners of the Company (excluding a one-off item) 937 868 +8.0%Basic Earnings per Share (RMB) 0.20 0.27 -25.9%In the first half of the year, the Company realized a revenue of RMB 7,371 million, a surge of 20.6% over the corresponding period last year. Net profit attributable to owners of the Company amounted to RMB 937 million. In comparison with net profit attributable to owners of the Company after excluding a one-off item relating to Hualu Yangpoquan project for the first half of last year, which was RMB 868 million, the interim profit of this year is not only 8.0% higher than that of 2021, but also breaks the record of interim pro...

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China Bluechem’s 2021 Profit Doubles to RMB1.5 Billion with Better-Than-Expected Results in Operation and Development

indie
5 minutes

HONG KONG, Mar 31, 2022 - (ACN Newswire via SEAPRWire.com) - China BlueChemical Ltd. ("China BlueChem" or the "Company," stock code: 3983), the largest state-owned chemical fertiliser producer and the leading methanol producer in China, has announced its audited annual results for the year ended 31 December 2021.Mr. HOU Xiaofeng, CEO and President of the Company said, "Looking back at 2021, as the COVID-19 pandemic continued to send shockwaves across the global industrial chain, the fertiliser industry recorded decade-high prices and the chemical industry as a whole experienced promising development momentum. By grasping favourable opportunities, the Company had an auspicious start to the 14th Five-Year Plan, with a better-than-expected performance in production and operation and development progress."In 2021, the Company's revenue was RMB13,398 million, up 29% from 2020. Gross profit soared 120% to RMB2,936 million. Profit attributable to owners of the Company surged 101% to RMB1,498 million, consolidating the Company's continued leadership position in terms of profitability. Based on the Company's sound financial condition, the Board of Directors recommended payment of a final di...

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Jinchuan International’s 2021 Profit Attributable to Shareholders Surges 303% to US$120.5 Million

indie
7 minutes

HONG KONG, Mar 29, 2022 - (ACN Newswire via SEAPRWire.com) - Jinchuan Group International Resources Co. Ltd., (the "Company" or "Jinchuan International"; together with its subsidiaries, the "Group"; stock code: 2362), Jinchuan Group's flagship platform for overseas mineral resources development, has announced its audited annual results for the year ended 31 December 2021 (the "Year").Highlights of 2021 Annual Results-- Revenue amounted to US$831.9 million, up by 25.2% year-on-year. Revenue from mining segment was US$620.6 million and revenue from the trading of mineral and metal products was US$211.3 million-- Gross profit increased considerably by 188% to US$251.7 million-- Profit attributable to shareholders soared by 303% to US$120.5 million-- During the Year, the Group produced 61,260 tonnes of copper and 3,379 tonnes of cobalt and sold 57,001 tonnes of copper and 2,617 tonnes of cobalt-- Cost of sales of the mining business declined 16%, attributable to the Group's stringent control of costsDuring the Year, the Group recorded revenue of US$831.9 million, a year-on-year increase of 25.2%, which was attributable to the rise in the benchmark copper and cobalt prices. Total revenu...

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Shougang Century Announces 2021 Interim Results

indie
4 minutes

HONG KONG, Sep 2, 2021 - (ACN Newswire via SEAPRWire.com) - Shougang Concord Century Holdings Limited ("Shougang Century", together with its subsidiaries, "the Group"; stock code: 0103.HK) is pleased to announce its unaudited interim results for the six months ended 30 June 2021 ("the Reporting Period").During the Reporting Period, the Group recorded a revenue from continuing operations of approximately HK$1,283,336,000 (2020: HK$862,997,000), representing an increase of approximately 48.7% as compared with the last corresponding period, primarily attributable to the material increase in sales volume of steel cords. Gross profit from continuing operations increased by 48.5% over the same period last year to HK$226,886,000 (2020: HK$152,758,000). The Group's net profit during the Reporting Period also increased by 45.7% from same period last year to HK$52,256,000 (2020: HK$35,863,000). Net asset value of the Group was HK$1,719,423,000 at 30 June 2021, increased by 4.5% as compared to HK$1,645,571,000 at 31 December 2020. The increase in net asset value was mainly due to the net profit during the first half of 2021. Net asset value per Share was HK$0.91 at 30 June 2021, also increase...