china: news and opinion

Q1 profit set to halve, says Sinopec

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 ... ...full story at People's Daily

from People's Daily on Tue, Apr 22 2008

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 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...
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...
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...
23 Jan 09		Sinopec reports 4.5% rise in 2008 refining throughput » People's Daily China Petroleum and Chemical Corp.(Sinopec), the nation's largest oil refiner, said Friday that it processed 168.8 million tons of crude oil in 2008, up 4.49 percent year-on-year. The company, which is also a leading oil producer, said in a...
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...

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