Rubber Chemicals Sales Hit Record Highs with Active Capacity Expansion 橡胶助剂销量大幅增长，公司积极进行产能扩张
Rating: OUTPERFORM (优于大市)
By HAITONG (海通國際)
Analyst(s): Huaichao Zhuang 庄怀超
Record sales volumes, but weaker margins
Rating: ADD (no change)
By CGS-CIMB
Analyst(s): Kenneth TAN
Strong ASPs could point to a better 2H23F
Rating: ADD (previously HOLD)
By CGS-CIMB
Analyst(s): Kenneth TAN
Market competition remains intense
Rating: HOLD (no change)
By CGS-CIMB
Analyst(s): ONG Khang Chuen
Price competition heating up
Rating: HOLD (previously ADD)
By CGS-CIMB
Analyst(s): ONG Khang Chuen
2H22: Results in Line With Expectations; Stronger Performance Forecast
Rating: BUY (Maintained)
By UOBKayHian
Analyst(s): Heidi Mo, John Cheong
Higher dividend payout a positive surprise
Rating: ADD (no change)
By CGS-CIMB
Analyst(s): Ong Khang Chuen
Cautious Outlook As ASPs Trend Downwards
Rating: BUY (Maintained)
By UOBKayHian
Analyst(s): Heidi Mo, John Cheong