Shandong Hualu-Hengsheng Chemical's (SHA:600426) net profit attributable to shareholders in the first half dropped 29% year on year to 1.57 billion yuan, or 0.739 yuan per share, according to a Shanghai Stock Exchange disclosure on Saturday.
The Chinese chemical company's shares jumped over 4% during Monday's midday trade.
The company's attributable profit a year earlier was 2.22 billion yuan, or 0.739 yuan per share.
The operating revenue slipped 7% to 15.8 billion yuan from almost 7 billion yuan a year earlier, the disclosure said.
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