cathay bio: net profit fell by 28.12%! 900 000 tons of bio-based polyamide project postponed

on august 7, cathay biological announced that due to the weak nstream demand for long-chain dibasic acid series sales, the company achieved operating income of 1.03 billion yuan in the first half of the year, a year-on-year decrease of 20.05%; net profit was 242 million yuan , a year-on-year decrease of 28.12%. at the same…

cathay bio: net profit fell by 28.12%! 900 000 tons of bio-based polyamide project postponed

on august 7, cathay biological announced that due to the weak nstream demand for long-chain dibasic acid series sales, the company achieved operating income of 1.03 billion yuan in the first half of the year, a year-on-year decrease of 20.05%; net profit was 242 million yuan , a year-on-year decrease of 28.12%. at the same…

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