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China Sanjiang Fine Chemicals Co., Ltd. ( (HK:2198) ) has issued an update.
China Sanjiang Fine Chemicals Co., Ltd. has announced a significant increase in its net profit for the first half of 2025, expecting to report over RMB300 million, a 95% rise compared to the same period in 2024. This growth is attributed to improved selling prices, better profit margins, and strategic adjustments in procurement and production in response to U.S. tariff policies, particularly regarding Ethane exports to China.
More about China Sanjiang Fine Chemicals Co., Ltd.
China Sanjiang Fine Chemicals Co., Ltd. operates in the chemical industry, focusing on the production and sale of fine chemicals. The company’s primary products include chemicals such as Ethylene glycol, and it is known for its strategic market positioning in response to international trade policies.
Average Trading Volume: 304,634
Technical Sentiment Signal: Hold
Current Market Cap: HK$1.98B
For an in-depth examination of 2198 stock, go to TipRanks’ Overview page.