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Wanhua Chemical: Net profit of 3.72B yuan in the first quarter, a year-on-year increase of 20.62%
Wanhua Chemical announced that in the first quarter of 2026, operating revenue was 54.05B yuan, a year-on-year increase of 25.50%. Net profit was 3.72B yuan, a year-on-year increase of 20.62%. In the first quarter, the diversification transformation of the ethylene Phase I plant’s raw materials demonstrated its advantages. In March, influenced by factors such as rising international crude oil prices and changes in the global chemical industry supply and demand pattern, the company’s main product prices increased year-on-year, leading to higher gross profit.