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An announcement from China Sanjiang Fine Chemicals Co., Ltd. ( (HK:2198) ) is now available.
China Sanjiang Fine Chemicals Co., Ltd. reported a significant increase in profitability for the first half of 2025, with net profit nearly doubling compared to the same period in 2024. This improvement was driven by favorable market dynamics for key products, particularly Ethylene Glycol, and strategic operational adjustments. Despite a challenging economic environment, the company managed to enhance its gross profit margin and benefited from positive price movements in silver. The company opted not to pay an interim dividend to maintain financial flexibility amidst potential economic uncertainties.
The most recent analyst rating on (HK:2198) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on China Sanjiang Fine Chemicals Co., Ltd. stock, see the HK:2198 Stock Forecast page.
More about China Sanjiang Fine Chemicals Co., Ltd.
China Sanjiang Fine Chemicals Co., Ltd. operates in the oil and chemical sector, focusing on products like Ethylene Glycol (EG) and other chemicals. The company is involved in integrated operations with production facilities for EO/EG and Naphtha/Ethane/Propane-to-Ethylene/Propylene, allowing flexibility in feedstock inputs and product portfolio adjustments.
Average Trading Volume: 754,062
Technical Sentiment Signal: Buy
Current Market Cap: HK$2.23B
For a thorough assessment of 2198 stock, go to TipRanks’ Stock Analysis page.