Rongsheng Petrochemical: Net Profit Expected to Surge 778%-823% YoY in First Three Quarters of 2026

36Kr reports that Rongsheng Petrochemical announced an expected net profit attributable to shareholders for the first three quarters of 2026 between 7.8 billion yuan and 8.2 billion yuan, representing a year-on-year increase of 777.93%-822.95%. The change in performance is primarily due to a recovery in the petrochemical industry's prosperity during the reporting period, favorable overseas refined oil product market conditions, dynamic optimization of production and sales strategies by the company, significant repair of processing spreads for main products, and improved gross profit margins.