The three-quarter A-share report has come to an end. The performance of the two major industries, basic chemicals and petroleum and petrochemicals, which are closely related to crude oil, has attracted market attention. According to Wind data, in the first three quarters, the revenue of listed companies in the basic chemical and petroleum and petrochemical industries increased by 18.37% and 11.29% year on year, respectively; net profit to mother increased by 32.79% and 39.63% year on year, respectively. The two major sectors performed well. In the basic chemical industry, the chemical fiber and chemical raw materials industry had the highest net profit growth rate. Looking at a further breakdown, among chemical fibers, viscose, spandex, and polyester showed outstanding performance; in chemical raw materials, coal chemicals and titanium dioxide performed well. In addition, sectors such as silicone, polyurethane, textile chemicals, potash fertilizer, and membrane materials performed well. Looking at the petroleum and petrochemical sector, the oil and gas extraction, refining and trading sub-industries performed well. It is worth mentioning that international crude oil prices have remained high, the cost of oil-based chemical raw materials has risen, and the difference in oil and coal prices has led to a significant increase in the profitability of the domestic coal chemical industry.

The three-quarter A-share report has come to an end. The performance of the two major industries, basic chemicals and petroleum and petrochemicals, which are closely related to crude oil, has attracted market attention. According to Wind data, in the first three quarters, the revenue of listed companies in the basic chemical and petroleum and petrochemical industries increased by 18.37% and 11.29% year on year, respectively; net profit to mother increased by 32.79% and 39.63% year on year, respectively. The two major sectors performed well. In the basic chemical industry, the chemical fiber and chemical raw materials industry had the highest net profit growth rate. Looking at a further breakdown, among chemical fibers, viscose, spandex, and polyester showed outstanding performance; in chemical raw materials, coal chemicals and titanium dioxide performed well. In addition, sectors such as silicone, polyurethane, textile chemicals, potash fertilizer, and membrane materials performed well. Looking at the petroleum and petrochemical sector, the oil and gas extraction, refining and trading sub-industries performed well. It is worth mentioning that international crude oil prices have remained high, the cost of oil-based chemical raw materials has risen, and the difference in oil and coal prices has led to a significant increase in the profitability of the domestic coal chemical industry.