Hengli Petrochemical's H1 Profit Expected to Soar 136%; Shares Drop 9%
() -- Hengli Petrochemical (SHA:600346) expects its net profit attributable to shareholders for the first quarter to soar 136% year on year to 7.20 billion yuan from 3.05 billion yuan, according to a Tuesday disclosure with the Shanghai bourse. The upbeat forecast is attributed to improvement in the industry's supply a