Longxing Chemical's net profit for the first half of the year was approximately 56.69 million yuan

Recently, Longxing Chemical Co., Ltd. released its performance report for the first half of 2023. The report shows that in the first half of the year, Longxing Chemical achieved operating income of 2.156 billion yuan, a year-on-year decrease of 2%; and achieved net profit of 56.6853 million yuan, a year-on-year decrease of 4.08%.

During the reporting period, Longxing Chemical carried out work in environmental protection, production, sales, scientific research, etc., actively responded to market and policy changes, strived to control risks, and stabilized performance growth. The company's main business is divided into regional sales, of which China's sales revenue accounted for 79.86%, and foreign sales revenue accounted for 20.14%. Foreign sales revenue accounted for 2.45% higher than the same period last year.

In the first half of the year, the sales revenue of Longxing Chemical's carbon black products was 2.035 billion yuan, an increase of 3.29%; the sales revenue of white carbon black was 68.1402 million yuan, an increase of 28.47%; and the sales revenue of electricity and steam was 34.5126 million yuan, an increase of 1.19%. Data shows that Longxing Chemical Co., Ltd. is a high-tech enterprise specializing in the research and development, manufacturing and sales of high-quality nanoscale carbon black and white carbon black. It has been rated as China's top ten carbon black enterprises for many years in a row. It is designated by the Rubber Industry Association as the "Association Recommended Brand" and is the governing unit of the Carbon Black Branch of the China Rubber Industry Association. The company focuses on the innovation of carbon black products, processes and manufacturing systems. It is a technological innovation demonstration enterprise in Hebei Province, has a Hebei Province Enterprise Technology Center, and has passed the CNAS National Laboratory certification.