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[China Epoxy Network (China Epoxy Industry Online)April 24, 2012: The first quarterly report on the chemical sector's performance has intensified.
As of April 22, a total of more than 710 listed companies in Shanghai and Shenzhen have announced their first quarter 2012 performance reports, and only 37 of the 100 chemical companies have increased their performance.
The quarterly report showed that the main business income of 100 chemical companies was 70 billion yuan and the net profit was 2.
47 billion yuan, a year-on-year decrease of 8% and 34% respectively.
At the same time, the performance differentiation of various sub-sectors has intensified.
Judging from the published data, the overall operating conditions of listed companies in the first quarter are not optimistic, especially in the chemical sector, and the various sub-sectors are uneven.
Statistics show that the more obvious warming should be in the agrochemical sector.
Red Sun's performance is the fastest growing among chemical stocks.
It is estimated that the net profit in the first quarter is 56.
2 million to 65.