Glonghui, May 9 | Net profit for the first quarter rose 1.63%, and Sinochem (0297.HK) rose intraday. At one point, it rose nearly 7% to HK$0.94, a record high since September 2023. The Group announced that its first-quarter turnover was about 6.639 billion yuan, up 0.51% year on year; net profit was about 499 million yuan, up about 1.63% year on year, mainly due to the Group's “Bio+” strategic transformation, focusing on core biological products, and continuing to develop biotechnology products to drive steady growth in sales and gross profit levels to withstand the impact of market fluctuations on performance.
港股异动丨中化化肥涨近7%创8个月新高，Q1净利同比增1.63%
Changes in Hong Kong stocks 丨 Sinochem Fertilizer rose nearly 7% to an 8-month high, and Q1 net profit increased 1.63% year on year
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