China Petroleum and Chemical Corporation: Sinopec Corp. Announces 2021 Q1 Results
Sinopec Achieved Outstanding Results in 2021 Q1Net Profit Reached RMB 18.5 Billion
BEIJING, CHINA / ACCESSWIRE / April 28, 2021 / China Petroleum & Chemical Corporation ( Sinopec Corp. or the Company ) (HKEX: 00386; SSE: 600028; NYSE: SNP)today announced its unaudited first quarterly results for the three months ended 31 March 2021.
Financial Highlights
In accordance with the IFRS, the Company s operating income for the first quarter was RMB 576.982 billion, up by 4.1% year on year; the net profit attributable to shareholders of the Company was RMB 18.543 billion; the basic earnings per share were RMB 0.153.
In accordance with the CASs, the net profit attributable to equity shareholders of the Company for the first quarter was RMB 17.929 billion; the basic earnings per share were RMB 0.148.
Sinopec Achieved Outstanding Results in 2021 Q1Net Profit Reached RMB 18.5 Billion BEIJING, CHINA / ACCESSWIRE / April 28, 2021 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company")
Sinopec Corp Announces 2021 Q1 Results pittsburghstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pittsburghstar.com Daily Mail and Mail on Sunday newspapers.
Shanghai Petrochemical reports improved operating income
Share
31st October 2011
Shanghai Petrochemical has reported the unaudited operating results of the company and its subsidiaries for the nine-month period ending 30 September 2011.
As per the China Accounting Standards for Business Enterprises, the company’s operating income increased by 33.64% to 73.7bn yuan ($11.6bn), over the corresponding period of the previous year.
For the period, the company’s operating profit declined marginally, amounting to 2.192bn yuan ($350m) while net profit stood at 1.652bn yuan ($260m).
Shanghai Petrochemical chairman Rong Guangdao said the company will continue to focus on the operation of its plants, to increase its production, including scaling up construction activity for its sixth phase project.