China's economy has begun to recover, and the country's chemical industry has also received good news. Today, Jiangshan Chemical disclosed in its performance express report that the company realized a net profit of 251.5 million yuan in the first half of this year, representing a year-on-year increase of 203.48%. The basic earnings per share were 0.180 yuan, representing a year-on-year increase of 203.45%.
When analyzing the main reasons, the company stated that firstly, the prices of the company's main raw materials had decreased significantly compared to the same period last year, exceeding the decline in product prices; secondly, the company had vigorously promoted the implementation of various energy-saving and consumption-reduction technologies and management measures, resulting in a significant decrease in the energy consumption of products and enhancing the profitability of the products.