Hengyi Petrochemical H1 Revenue Up 20% to RMB67.3B, Net Profit Up 2500% to RMB5.9B
Hengyi Petrochemical reported H1 2026 revenue of RMB67.309 billion, up 20.28% year-on-year, and net profit attributable to shareholders of RMB5.902 billion, up 2500.73%. Basic EPS was RMB1.75. The company proposed a cash dividend of RMB0.9 per share (RMB9 per 10 shares). The PTA and polyester chain recovered steadily, with per-ton profitability improving significantly and full profitability achieved, supported by rising downstream demand and near-zero new capacity due to carbon neutrality policies.
Hengyi Petrochemical disclosed its 2026 interim report on August 10, 2026. During the reporting period, the company achieved operating revenue of RMB67.309 billion, up 20.28% year-on-year; net profit attributable to shareholders of the listed company reached RMB5.902 billion, up 2500.73% year-on-year; basic earnings per share were RMB1.75. The company plans to distribute a cash dividend of RMB9 (tax inclusive) per 10 shares to all shareholders.
During the period, the PTA and downstream polyester industry chain recovered steadily, with demand for downstream products growing. Affected by carbon peaking and carbon neutrality policies, future new capacity in the PTA and polyester industry is nearly zero. As a leading producer of PTA, polyester filament, and polyester bottle chips, the company achieved significant improvements in per-ton product profits and returned to full profitability across its product lines.
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The event has a measured impact on 1 industry. The strongest current signal is positive for Basic Chemicals, with intensity 70/100 and 80% confidence over a short term horizon.
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