China XLX Fertiliser's Q1 Profit Jumps 52% as CFO Resigns; Shares Drop 2%

MT Newswires Live05-18 12:40

China XLX Fertiliser (HKG:1866) booked 299.6 million yuan in attributable profit for the first quarter of 2026, up 51.7% from 197.5 million yuan a year earlier, according to a Friday filing with the Hong Kong bourse.

The fertilizer company's shares fell more than 2% in recent trade.

Earnings per share were 0.236 yuan, compared with 0.158 yuan in the prior-year period.

Revenue rose 17% year on year to 6.82 billion yuan, figures showed.

Meanwhile, in a separate filing, the firm said Paul Wong Wing Wang resigned as chief financial officer to devote more time to other endeavors.

Jeremy Cheah Soon Ann succeeded Wang as CFO and data protection officer, the firm said.

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