Asia
Zhejiang Yonghe Refrigerant Forecasts Up to 103% Jump in H1 Profit
Zhejiang Yonghe Refrigerant (SHA:605020) expects its attributable profit to rise 70% to 103% to between 460 million yuan and 550 million yuan in the first half from 271.4 million yuan in the year-ago period, according to a Friday filing with the Shanghai bourse.The refrigerant manufacturer attributed the rise to high growth in the fluorocarbon chemicals business despite high prices of major refrigerant products, as well as steady growth in the fluorinated polymer materials segment.
SHA:605020
