China BlueChemical's Profit to Fall in 2024

MT Newswires Live

2025/02/27

China BlueChemical (HKG:3983) expects an attributable profit of between 1.05 billion yuan and 1.09 billion yuan for the year 2024, down from 2.38 billion yuan a year prior, a Thursday filing with the Hong Kong bourse said.

The fertilizer maker attributed the anticipated drop in profit mainly to a decline in the production and sales of urea and a significant decrease in the prices of its main products, such as urea.

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