Shandong Dongyue Records 125% Jump in Q3 Net Profit

MT Newswires Live10-28

Dongyue Group's (HKG:0189) subsidiary Shandong Dongyue Organosilicon Materials (SHE:300821) recorded a net profit attributable to shareholders of 23.4 million yuan in the third quarter of 2024, up 125% year-on-year, a Monday Hong Kong bourse filing said.

Earnings per share stood at 0.02 yuan for the period, 125% up from the same period last year.

Shandong Dongyue's operating income for the quarter came in at 1.28 billion yuan, up 14.27% year-on-year.

For the nine months ended Sept. 30, Shandong Dongyue recorded a net profit attributable to shareholders of 88.6 million yuan, up 131.06% year-on-year.

Earnings per share stood at 0.07 yuan, 129.17% higher than a year ago. Operating income was 4.02 billion yuan, up 11.47% from last year.

Price (HKD): $8.69, Change: $-0.030, Percent Change: -0.34%

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