Hengli Petrochemical: Net profit in the first quarter of 2026 was 3.91 billion yuan, a year-on-year increase of 90.65%.

Hengli Petrochemical announced that its revenue in the first quarter of 2026 was 49.191 billion yuan, a decrease of 13.74% year-on-year; net profit was 3.91 billion yuan, an increase of 90.65% year-on-year. Benefiting from the year-on-year increase in downstream PTA and new material prices, as well as the year-on-year decrease in core raw material crude oil prices, the company's profit increased significantly year-on-year.