Zhejiang Juhua Co., Ltd.(600160) disclosed its semi-annual report performance forecast on July 10, 2024. The company expects a cumulative net profit attributable to owners of the parent company to be 740 million yuan to 880 million yuan in the first half of 2024, compared with a net profit of 490 million yuan in the same period last year., net profit changes from 51.00% to 80.00%; The cumulative net profit attributable to the parent company after deducting non-recurring gains and losses was 700 million yuan to 840 million yuan. In the same period last year, the net profit attributable to the parent company was 456 million yuan, and the net profit attributable to the parent company was deducted by 53.00% to 84.00%.

Reasons for changes in performance: During the current period, due to the steady growth in the production, sales and operating income of the company's main products, and the year-on-year increase in the prices of fluorinated refrigerant products, the increase in profits was greater than the year-on-year decline in the prices of fluoropolymer materials, food packaging materials, and basic chemical products. The company's performance increased year-on-year. Source: Shanghai Securities News