Wanhua Chemical's Operating Profit Continues to Grow in Three Quarters

Recently, Wanhua Chemical released its report for the three quarters of 2023. During the reporting period, the company achieved operating income of 132.554 billion yuan, a year-on-year increase of 1.64%; operating profit of 15.593 billion yuan, a year-on-year decrease of 5.7%; and net profit attributable to the parent company of 12.703 billion yuan，a year-on-year decrease of 6.65% ; based on the latest total share capital of 3.14 billion shares, it achieved earnings per share of 4.05 yuan and operating net cash flow per share of 5.46 yuan.

Among them, operating income in the third quarter of 2023 was 44.928 billion yuan, a year-on-year increase of 8.78%, a month-on-month decrease of 1.66%; operating profit was 5.316 billion yuan, a year-on-year increase of 37.31%, a month-on-month increase of 0.76%; net profit attributable to the parent company was 4.135 billion yuan, a year-on-year increase of 28.21%, and a month-on-month decrease of 8.42%.

Downstream demand continues to gradually recover, driving the spread of the company's polyurethane products to improve, and the company's operating profit continues to grow month-on-month.