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Sinopec's 2022 net profit falls 6.9% as COVID curbs hit fuel, chemicals demand

SINGAPORE : China Petroleum & Chemical Corp, better known as Sinopec Corp, recorded a 6.9 per cent decline in net income for 2022, as Chinese fuel demand was hit by Beijing's COVID-19 control measures and consumption of petrochemicals also weakened. Net profit last year amounted to 66.3 billion yuan ($9.6 ....

China Petroleum Chemical Corp , Sinopec Corp , China Petroleum , Chemical Corp ,

Sinopec's 2022 net profit falls 6.9% as COVID curbs hit fuel, chemicals demand - Stock market news

SINGAPORE (Reuters) - China Petroleum & Chemical Corp, better known as Sinopec Corp, recorded a 6.9% decline in net income for 2022, as Chinese fuel demand was hit by Beijing's COVID-19 control measures and consumption of petrochemicals also weakened. | 09:36am ....

Chen Aizhu , Elaine Hardcastle ,

China, Germany enjoy complementarity; overreliance not an issue: MOFCOM

China and Germany enjoy complementarity in economic structures and there is no such thing as one side relying on the other, Shu Jueting, a spokesperson for China’s Ministry of Commerce (MOFCOM), said on Thursday. ....

Fumio Kishida , Shu Jueting , Olaf Scholz , Ministry Of Commerce China Photo , China Ministry Of Commerce , China Photo , Global Times , German Chancellor Olaf Scholz , Prime Minister Fumio Kishida , South China , Guangdong Province , China S ,