According to the announcement, the group's revenue increased mainly due to the increase in revenue from toluene oxidation products and its derivatives by 0.407 billion yuan. In response to the market sentiment of the chemical industry downturn, the group also adopted a strategy of selling products at a low price, resulting in a significant increase in sales volume in this period compared to the same period last year, and therefore a corresponding significant increase in revenue.

Wuhan Organic (02881) released its interim performance for the six months ended June 30, 2024. During this period, the group achieved a revenue of 1.651 billion yuan (RMB), an increase of 30.69% compared to the same period last year; the shareholders' attributable net profit was 48.049 million yuan, an increase of 7.86% compared to the same period last year; the basic earnings per share were 0.63 yuan.