Group 1 - The core viewpoint of the article highlights that Sinochem Fertilizer (00297) experienced a decline of over 6% post-earnings announcement, with a current drop of 4.23% to HKD 1.35, and a trading volume of HKD 113 million [1] - Sinochem Fertilizer reported a mid-year revenue of RMB 14.715 billion, representing a year-on-year growth of 7.56%, and a net profit attributable to shareholders of RMB 1.104 billion, up 5.04% year-on-year [1] - The increase in revenue is attributed to growth in both sales volume and average selling prices [1] Group 2 - Changjiang Securities noted that Sinochem Fertilizer is a leading enterprise in China's fertilizer industry, with excellent asset quality, strong profitability, and robust cash flow, maintaining a high dividend payout ratio [1] - The company is expected to maintain a solid position in potassium fertilizer imports, with stable earnings from its core business; the "Bio+" strategy is anticipated to continue driving performance upward [1] - Forecasted net profits attributable to ordinary shareholders for 2025-2027 are RMB 1.46 billion, RMB 1.55 billion, and RMB 1.63 billion, respectively, with an initial coverage rating of "Buy" [1]
港股异动 | 中化化肥(00297)绩后跌超6% 上半年纯利同比增超5% 不派发中期息