Huafon Chemical (SHE:002064) forecasted that its net profit attributable to shareholders for the first half would soar to 71% to 112% year on year to between 1.68 billion yuan and 2.08 billion yuan, according to a Shenzhen bourse filing on Friday.
The polyurethane product materials manufacturer's attributable profit a year earlier was 983.3 million yuan.
Earnings per share are expected to be between 0.34 yuan and 0.42 yuan, higher than the year-ago EPS of 0.20 yuan.