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Henan Jinyuan Foresees 40% Income Drop

Henan Jinyuan Hydrogenated Chemicals Co., Ltd. Class H (HK:2502) has released an update.

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Henan Jinyuan Hydrogenated Chemicals Co., Ltd. anticipates a 40% decrease in total comprehensive income for the first half of 2024, falling to approximately RMB30 million, in contrast to RMB50.8 million from the same period the previous year. The company has issued a supplemental announcement following an initial review of unaudited accounts, with a detailed interim results report to be published by the end of August 2024. Shareholders and potential investors are urged to exercise caution when dealing with the company’s shares.

For further insights into HK:2502 stock, check out TipRanks’ Stock Analysis page.

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