china: news and opinion

Sinopec's net profit rises 85.1% in Q1

China Petroleum and Chemical Corporation (Sinopec) reported Tuesday that its net profit in the first quarter rose 85.1 percent year on year, because of lower international crude oil prices and adjusted refined oil prices on the domestic market. Net... ...full story at People's Daily

from People's Daily on Wed, Apr 29 2009

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29 Oct 08		Sinopec's net profit drops 63.7% in first nine months » People's Daily China Petroleum and Chemical Corporation (Sinopec), Asia's biggest oil refiner, saw its net profit in the first three quarters fall 63.7 percent over the same period last year, pushed down by fuel price caps. The company's net profit was 17.642...
22 Apr 08		Q1 profit set to halve, says Sinopec » People's Daily China Petroleum and Chemical Corporation (Sinopec), Asia's largest refiner, said its net profit for the first quarter would fall by 50 percent from a year earlier. "Sinopec has seen big losses in its refining business this year, which ha ...
07 Apr 08		China Sinopec's net profit rose 5.5% in 2007 » People's Daily China Petroleum and Chemical Corporation announced on the 6th that in 2007, net profit reached 56.533 billion yuan, an increase of 5.5%, according to Xinhua Net. China Sinopec issued its 2007 annual performance report. According to inter ...
22 Jan 09		Sinopec forecasts more than 50% drop in 2008 net profit » People's Daily China Petroleum and Chemical Corporation (Sinopec), Asia's largest refinery by output, expected its net profit to drop more than 50 percent in 2008 from a year earlier because of a heavy refining loss, the company said in a notice to Shanghai Stock...
21 Jul 09		China's Sinopec reports 1.82% rise in refining in H1 » People's Daily China Petroleum and Chemical Corp.(Sinopec), the nation's largest oil refiner, said Tuesday that it processed 86.9 million tonnes of crude oil in the first half of 2009, up 1.82 percent year-on-year, despite the economic slowdown. Sinopec reported...

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