Page 82 - Sinopec News Today

Chinese refining giant Sinopec Corp reported on Sunday a 20.1% fall in interim net profit for the first half of the year compared with the year-ago period, to 35.11 billion yuan , on lower... -Today at 03:35 am- MarketScreener

(Reuters) - Chinese refining giant Sinopec Corp reported on Sunday a 20.1% fall in interim net profit for the first half of the year compared with the...

Sinopec: Domestic fuel demand extended recovery in the second quarter after a 6.7% year-on-year increase in the first three months, led by gasoline and aviation fuel as people travelled more. Demand for diesel fuel, however, remained under pressure from an ailing property sector and as weakening merchandise exports curbed trucking.

Domestic sales of refined oil products at Sinopec rose 18 per cent in the first six months from the previous year, when residents in megacities were…

Chinese refining giant Sinopec Corp reported on Sunday a 20.1% fall in interim net profit for the first half of the...

ALBAWABA – Chinese refining giant Sinopec reported a 20.1 percent decline in interim net profits amid new China stimulus, news agencies reported.

Sinopec’s first-half profits shrank amid lower oil prices and fuel demand being weighed down by China’s sluggish economic recovery.  China Petroleum & Chemical Corp., as it’s officially known, posted net income of 36.12 billion yuan ($4.96 billion), according to international financial reporting standards. That compared with a revised 44.8 billion…

Latest news, analysis and opinion on the results of Hong Kong's reporting season, which involves firms traded on the Hong Kong Stock Exchange and listed on the Hang Seng index.

(Reuters) -- Chinese refining giant Sinopec reported on Sunday a 20.1% fall in interim net profit for the first half of the year compared with the yea

Staff reporter and agencies Sinopec (0386) saw its net profit for the first half of the year slip 19.4 percent to 36.1 billion yuan (HK$38.8...