Richful first-half profit up 12% as it contests EU sanctions

Xinxiang Richful Lube Additive Co., Ltd. reported higher first-half revenue and profit even as it moves to overturn its listing under European Union (EU) sanctions, telling customers it has filed an action for annulment at the General Court of the European Union. Revenue for the six months to 30 June 2026 rose 16.8% year-on-year to CNY1.94 billion (USD289 million),…

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