Phoenix News Hong Kong Stocks|Kanglong Chemical (03759)According to the announcement, net profit for the year ended December 31 last year is expected to be between approximately RMB 1,133 million (RMB. same below) to $1,187 billion, up 107% to 117% year over year, while net profit after deducting non-recurring profit and loss will be approximately 778 million yuan to 828 million yuan, an increase of 54% to 64% year on year. As for the company's revenue, which is estimated to be between RMB 5,035 billion and RMB 5.222 billion, an increase of 34% to 39% over the same period last year.

According to the announcement, the increase in net profit recorded by the Group was mainly due to the orderly implementation of business plans. Last year, the main business revenue grew steadily, operating efficiency gradually improved, and increased profitability led to a corresponding increase in performance.