HLGF(SH:600346)2018-10-15 16:00Financial Performance - For the first three quarters of 2018, the company expects a net profit attributable to shareholders of approximately CNY 363 million, an increase of about CNY 252.81 million, representing a year-on-year increase of approximately 229%[2] - The net profit attributable to shareholders, excluding non-recurring gains and losses, is expected to be around CNY 321 million, an increase of about CNY 216.94 million, which is a year-on-year increase of approximately 208%[2] - Compared to the same period last year (after restatement), the net profit attributable to shareholders is expected to increase by about CNY 180 million, representing a year-on-year increase of approximately 98%[3] - The net profit excluding non-recurring gains and losses is expected to increase by approximately CNY 217 million compared to the same period last year (after restatement), which is a year-on-year increase of approximately 209%[4] Profit Growth Drivers - The significant profit growth is primarily driven by the inclusion of Hengli Investment (Dalian) Co., Ltd. and Hengli Petrochemical (Dalian) Refining Co., Ltd. in the consolidated financial statements, with the newly included PTA business being a major contributor to profit growth[6] - The domestic polyester fiber industry chain has continued to improve, with strong demand for PTA products leading to a significant enhancement in the supply-demand balance, especially since the third quarter[6] - The company operates a PTA production facility with an annual capacity of 6.6 million tons, making it the largest single PTA production base globally, which has improved profitability through stable production quality and reduced costs[6] Earnings Forecast - There are currently no significant uncertainties affecting the accuracy of this earnings forecast[7] - The above earnings forecast data is preliminary and subject to adjustment based on the company's formal third-quarter report[8]