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Rongsheng Petrochemical 2024 Profit Falls 37%
Rongsheng Petrochemical: 2024 Annual Report Summary
Rongsheng Petrochemical: 2024 Annual Report
Rongsheng Petrochemical's (SZSE:002493) Three-year Decline in Earnings Translates Into Losses for Shareholders
Debon Securities: Seizing exports & warming domestic demand, the demand expectation for polyester is improving.
Recently, Trump announced a 90-day suspension of reciprocal tariffs on 75 countries and regions that have not implemented retaliatory tariff measures. Southeast Asia, as the main export region for polyester filament and textiles, may see a short-term surge in export demand due to adjustments in tariff policies.
Rongsheng Petro Chemical (002493.SZ): This adjustment of tariffs in the USA has no direct impact on the company's export of refined oil and overall overseas Business.
On April 9, Gelonghui reported that Rongsheng Petro Chemical (002493.SZ) stated on the investor interaction platform that the company currently has no Business exports to the USA, nor does it import raw materials from the USA. The recent adjustment of tariffs in the USA does not have a direct impact on the company's overall overseas Business such as refined oil exports. Since 2024, the company's Shareholders have initiated two phases of Shareholding plans, with a cumulative Shareholding amount reaching 1.693 billion yuan! Based on a Bullish outlook on the long-term investment value of the domestic Capital Markets and confidence in the continuous and stable development of Rongsheng Petro Chemical, the company's controlling Shareholder, Rongsheng Holdings, plans to launch a new round of Shareholding plan, with an amount not less than 1 billion yuan.
