china: news and opinion

Sinopec Profit More Than Doubles

Sinopec posted third-quarter net profit more than double year-earlier levels, beating out rivals Cnooc and PetroChina, on improved Chinese demand for oil and chemical products and on a revised pricing system. ...full story at WSJ

from WSJ on Thu, Oct 29 2009

see also:


06 Dec 07		Guangzhou Sinopec Seminar Nov 23rd 2007 » YouTube videoFull Day PAC Seminar at Sinopec, Guangzhou. Travelers from Shenzhen and locals from Guangzhou enjoyed the seminar. We plan to have 1 of these seminars per month in 2008. Email me rgamero@opto22.com or root@opto-tech.com.cn to sign up
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 ...
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...
03 Jan 08		Sionpec posts net profit of 70 bln yuan in 2007 » People's Daily China Petrochemical Corporation (Sinopec Corp.), a leading oil refiner, posted a net profit of 70 billion yuan (9.63 billion U.S. dollars) in 2007, Cai Xiyou, a senior executive of Sinopec Corp., told Xinhua on Thursday. Sinopec made ...
29 Apr 09		Sinopec's net profit rises 85.1% in Q1 » People's Daily 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...
28 Apr 09		PetroChina net profit down 35.3% on low oil price, less demand » People's Daily PetroChina Company Limited reported Monday that its net profit in the first quarter slid 35.3percent year on year, pulled down by the low price of crude oil and less demand. Net profit totaled 18.956 billion yuan (2.78 billion U.S. dollars) as...

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