Hengli Petrochemical: Net profit of 3.91 billion yuan in the first quarter of 2026, up 90.65% year-on-year

Hengli Petrochemical announced that its revenue in the first quarter of 2026 was 49.19B yuan, a year-on-year decrease of 13.74%; net profit was 3.91 billion yuan, a year-on-year increase of 90.65%. Benefiting from the decline in the company’s core raw material crude oil prices and the year-on-year increase in downstream PTA and new materials prices, the company’s profits increased significantly year-on-year.

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