Changes in Hong Kong stocks | Sinochem Fertilizer (00297) rose more than 4% in the afternoon. Profit attributable to shareholders in the first half of the year was 1,178 billion yuan, up 6.7% year-on-year

The Zhitong Finance App learned that Sinochem Fertilizer (00297) rose more than 4% in the afternoon. As of press release, it had risen 4.69% to HK$1.34, with a turnover of HK$687.54 million.

According to the news, Sinochem announced interim results. The first half of the year's turnover was RMB 16.281 billion, up 10.64% year on year; profit attributable to shareholders in the first half of the year was RMB 1,178 billion, up 6.7% year on year; basic profit per share was RMB 0.1677, up 6.7% year on year. The Board recommended that no interim dividend be declared.

It is worth noting that recently, 60,900 tons of high-quality imported sulfur from Sinochem fertilizer arrived at Dafeng Port in Jiangsu. This batch of supplies accounts for about 10% of the current total sulphur stocks in ports across the country. It is the largest market-based distribution sulfur resource in China during the year. It helps to fill the gap in market circulation stocks, ease the pressure on domestic circulation stocks, hedge against the risk of price changes, and stabilize the sulfur market.