Huafon to see surging profit in Q1-Q3

Huafon Chemical (SZ 002064) issued a performance forecast on the evening of Oct 11, predicting that the net profit attributable to shareholders of listed companies in the first three quarters of 2021 to be 5.8-6.2 billion yuan, an increase of 367.3%-399.52% over the same period last year, and basic earnings per share to 1.25-1.34 yuan. The main reason for the change in performance was that during the reporting period, the prosperity of the chemical industry continued to rise and the market kept improving etc.