$GHW INTL (09933.HK)$ Interim results for the six months ended June 30, 2024 were announced. The group achieved revenue of 1.79 billion yuan (RMB, same below) during the period, an increase of 21.28% over the previous year; profit attributable to shareholders was 4.447 million yuan, an increase of 404.77% over the previous year; and basic profit per share was 0.005 yuan.
According to the announcement, revenue from sales of polyurethane materials decreased from about 0.321 billion yuan for the six months ended June 30, 2023 to about 0.287 billion yuan for the six months ended June 30, 2024, mainly due to sales volume of a large number of polyurethane material products (such as polymeric MDI and TDI); and a decrease in the average sales price of TDI.