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China XLX Fertiliser reports Q2 revenue up 16.7%, profit surges 103.4% amid higher urea, melamine sales.
China XLX Fertiliser reported strong Q2 results, with revenue up 16.7% to RMB 6.82 billion and profit surging 103.4% to RMB 402 million, driven by higher sales and prices of urea and melamine.
First-half revenue rose 5.0% to RMB 12.666 billion, though profit dropped 12.8% to RMB 599 million year-on-year.
The company improved its debt structure, reducing finance expenses by 14% and maintaining a healthy debt-to-asset ratio of 63.5%.
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China XLX Fertilizer informa que los ingresos del segundo trimestre subieron un 16,7%, las ganancias aumentaron un 103,4% en medio de mayores ventas de urea y melamina.