Huafon achieves increasing revenue and profit in Q1-Q3 2024
On the evening of October 25, 2024, Huafon Chemical released its third quarter report for 2024. In the first three quarters, it achieved revenue of 20.373 billion yuan, a year-on-year increase of 3.51%; it achieved net profit attributable to the parent company of 2.015 billion yuan, a year-on-year increase of 4.46%; and deducted non-net profit of 1.908 billion yuan, up 4.24% on the year. Q3 achieved revenue of 6.629 billion yuan in a single quarter, a year-on-year/month-on-month decrease of 6.1%/6.5%; achieved net profit attributable to the parent company of 496 million yuan, a year-on-year/month-on-month decrease of 12.9%/40.5%; deducted non-parent net profit of 453 million yuan, a year-on-year/month-on-month decrease of 13.4%/43.3%.
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