The mid-year "transcript" is here!

In the first half of this year, the trend of international oil prices fluctuated greatly

PetroChina (performance forecast): net profit of 80 billion in the first half of the year is expected to increase by up to 60%

On July 15, PetroChina released its performance forecast for the first half of the year.

PetroChina said that the main reason for the pre-increase in performance was that the company increased its efforts in oil and gas exploration and development, actively promoted the increase in reserves and production, insisted on improving quality and efficiency and low-cost development, as well as the rise in international oil prices, and the production and sales of crude oil and natural gas increased year-on-year

PetroChina also stated on the interactive platform a few days ago that during the "14th Five-Year Plan" period, the company will develop the integrated development of geothermal, wind-solar power generation, and wind-solar gas-electricity on a large scale, and strengthen the strategic layout of hydrogen energy, new materials, CCS/CCUS, and new energy services.

CNOOC (performance forecast): Net profit in the first half of the year increased by about 118% year-on-year

On July 14, China National Offshore Oil Co.

The announcement stated that the international oil price rose sharply in the first half of this year, and the company seized the favorable opportunity to continue to increase its exploration and development efforts, and achieved remarkable results in increasing reserves and production

Hengli Petrochemical: revenue of 119.

On August 15, Hengli Petrochemical Co.

The announcement shows that, relying on the advantages of upstream raw materials, Hengli Petrochemical actively deployed lithium battery separators, electrolytes, PET copper foils and solar photovoltaic backsheet films in the first half of the year

Wanhua Chemical: Profit of 10.

Wanhua Chemical announced its semi-annual report on the evening of July 28.

In the first half of the year, due to geopolitical factors and the COVID-19 epidemic, international crude oil, natural gas, coal and other basic energy prices remained high

Rongsheng Petrochemical: Revenue of 147.

The financial report released on August 17 showed that the company “increased revenue without increasing profits” in the first half of the year: operating income was 147.

Compared with the same period of the previous year, the operating income of Rongsheng Petrochemical in the current period of refining products and chemical products increased by approximately 74.

Baofeng Energy: Revenue was 14.

On the evening of August 9, Baofeng Energy released its 2022 semi-annual report
.
In the first half of the year, the company achieved operating income of 14.
395 billion yuan, a year-on-year increase of 37.
53%; deducted non-net profit of 4.
278 billion yuan, a year-on-year increase of 10.
54%; operating cash flow of 5.
596 billion yuan, a year-on-year increase of 10.
77%; Liability ratio operation, the asset-liability ratio in the first half of the year was 36.
62%
.

In the first half of the year, Baofeng Energy's 3 million tons/year coke project has been put into operation, and the total coke production capacity has reached 7 million tons/year.
Its coking by-products are also the raw materials for the company's fine chemical needle coke, styrene and other products.
Supplement and strengthen the chain to enhance the company's integrated industrial chain advantages
.
Baofeng Energy's first batch of 30 electrolyzed water hydrogen production equipment has all been put into operation.
Currently, it has a green hydrogen production capacity of 300 million cubic meters per year, and the production capacity will reach 600 million cubic meters by the end of the year.
It is the world's largest green hydrogen production plant and supplier.
It will form an industrial scale of green hydrogen with an annual output of 10 billion cubic meters and one million tons
.

In addition, the construction of Baofeng Energy's Phase III 1 million tons/year olefin project is progressing smoothly, and the 250,000 tons/year high-end product EVA project will be put into operation next year, which is worth looking forward to
.
The third-phase coal-to-methanol project is expected to be put into operation by the end of this year, when Baofeng Energy's methanol output will exceed 6 million tons per year
.

Kingfa Technology: Revenue of 19.
4 billion yuan and net profit decreased by 49.
26% year-on-year

On August 15, Kingfa Technology released its 2022 semi-annual report, achieving operating income of 19.
467 billion yuan, a year-on-year increase of 0.
93%; net profit attributable to shareholders of listed companies was 802 million yuan, a year-on-year decrease of 49.
26%
.

Although the overall performance has declined, Kingfa Technology said that China's new material industry is in a critical period of opportunity for strategic development
.
The rapid development of strategic emerging industries such as new energy vehicles, new infrastructure, 5G communications, photovoltaics, and VR/AR has opened up a new track for the company's sustainable high-quality development and injected new momentum
.
According to reports, in the first half of the year, Kingfa Science and Technology's sales of materials in the main new energy industry were 18,800 tons, a year-on-year increase of 50.
3%
.
In addition, the market demand for high-end carbon materials, new energy materials, and lightweight materials is strong.
As a downstream chemical new material field, it will also be a high-growth track
.

Lubei Chemical: Revenue of 2.
824 billion yuan increased by 33% year-on-year

On August 17, Lubei Chemical released its 2022 semi-annual report
.
In the first half of the year, the operating income was 2.
824 billion yuan, a year-on-year increase of 33.
03%; the net profit attributable to shareholders of the listed company was 109 million yuan
.
The company stated that the reasons for the change in performance in the first half of the year were mainly affected by the domestic and international new crown pneumonia epidemic, the international situation, the sharp rise in product raw materials, the reduction in downstream demand, and the decline in prices and other unfavorable factors
.

Hongbaoli: An estimated loss of 3.
2018 million yuan in the first half of the year

On July 14, Hongbaoli released the performance forecast for the first half of 2022.
During the reporting period, the net profit attributable to shareholders of the listed company was a loss of 3.
2018 million yuan, which turned from profit to loss compared with the same period of the previous year
.

During the reporting period, due to the impact of the epidemic, consumption weakened, and downstream refrigerator (cabinet) enterprises intermittently stopped production or reduced the burden, resulting in a decrease in the sales of rigid foam combination polyether; the demand for propylene oxide decreased, the operation of the propylene oxide industry was difficult, and some enterprises stopped production or reduced the burden To reduce losses, the company's propylene oxide production base lost more than 130 million yuan in the first half of the year (the company decided to build a propylene oxide expansion project in the second quarter, and the fixed costs of Taixing base increased the loss), and logistics affected export efficiency, etc.
, so that the business Income fell
.

Shanghai Petrochemical: Net loss in the first half of the year was about 498 million yuan

On the evening of July 14, Shanghai Petrochemical issued a pre-loss announcement for the first half of this year, saying that the net profit attributable to shareholders of the parent company in the first half of the year is expected to be -498 million yuan to -358 million yuan, which is expected to be a loss compared with the same period in 2021; Net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses is expected to be -464 million to -324 million, a loss compared to the same period in 2021
.

Regarding the main reasons for the expected loss in the first half of this year, Shanghai Petrochemical said that in the first half of 2022, crude oil prices rose sharply, the chemical product market continued to slump, the price of finished products did not rise as much as the rise in raw materials, and the company's gross profit decreased
.

Jiangsu Thorpe: revenue of 4.
353 billion yuan and net profit down 50.
74% year-on-year

On the evening of July 8, Jiangsu Thorpe disclosed the 2022 semi-annual performance report, showing that the company's operating income in the first half of the year was about 4.
353 billion yuan, a year-on-year increase of 11.
08%; the corresponding attributable net profit was about 741 million yuan, a year-on-year decrease.
50.
74%
.

Jiangsu Thorpe said that in the first half of 2022, the market price of the company's main products, acetic acid and derivatives, fell year-on-year, and the price of coal, the main raw material, rose year-on-year, resulting in a year-on-year decline in the company's operating performance in the first half of 2022
.