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Changes in Hong Kong stocks | China Heart Link Fertilizer (01866) rose more than 6%, net profit returned to mother in the first half of the year increased by more than 50% year-on-year, and capacity expansion will drive continued profit growth
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The Zhitong Finance App learned that China Heart Link Chemical Fertilizer (01866) rose more than 6% after the results. As of press release, it had risen 6.05% to HK$11.21, with a turnover of HK$9.925,500.

According to the news, China Xinlianxin Chemical Fertilizer announced its 2026 interim results, with operating revenue of RMB 15.74 billion (same unit), up 24.27% year on year; net profit of 1.23 billion yuan, up 62.36% year on year; net profit attributable to owners of the parent company was 921 million yuan, up 53.64% year on year. The sharp increase in profits was mainly due to a marked increase in gross margin driven by increased sales volume of urea and synthetic ammonia and lower costs, as well as an increase in gross margin driven by rising prices of self-produced chemicals such as methanol, DMF, and melamine.

In the first half of the year, urea revenue increased 23% year on year to 3.98 billion yuan, sales volume increased 21% year on year to 2.34 million tons, average price increased 2% year on year to 1,704 yuan/ton, and gross margin increased to 26.9% year on year. CICC believes that with the expansion of new production capacity and the continuous upgrading of technology, the scale effect of the company will be further highlighted. Urea production costs are expected to decrease, leading to an increase in profit, and the expansion of urea and compound fertilizer production and sales volume will drive the company's profit to continue to grow in the next 2 years.

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