Rongsheng Petrochemical's Attributable Profit Slides 30% in H1

MT Newswires Live08-25

Rongsheng Petrochemical's (SHE:002493) attributable profit fell 30% to 602.1 million yuan in the first half from 857.9 million yuan in the year-ago period, according to a Saturday filing with the Shenzhen bourse.

Shares fell 1% during late morning trading on Monday.

Earnings per share at the drug company declined 33% to 0.06 yuan from 0.09 in the prior-year period.

Operating income decreased 7.8% to 148.6 billion yuan from 161.2 billion yuan in the year-ago period.

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