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China’s Sinopec stories 2.6% acquire in first-half revenue (Pink Present Information:SNPMF)

by Index Investing News
August 25, 2024
in Markets
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Kilc32/iStock Editorial by way of Getty Pictures

China Petroleum & Chemical Corp., or Sinopec, on Sunday reported a 2.6% acquire in revenue for the primary half of the 12 months on increased oil costs and manufacturing of crude and pure gasoline.

Internet earnings was 37.1 billion yuan ($5.21 billion) throughout the primary six months of the 12 months, whereas gross sales declined 1.1% from a 12 months earlier to 1.58 trillion yuan, in accordance with the corporate’s web site.

Sinopec beforehand disclosed that output of crude elevated 0.6% from a 12 months earlier to 140.53 million barrels, and pure gasoline manufacturing climbed 6% to 700.57 billion cubic toes.

The corporate processed 126.69 million metric tons of crude oil, or about 5.08 million barrels a day, up 0.1% from the identical interval final 12 months.

Extra on China Petroleum & Chemical



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Tags: ChinascurrentfirsthalfGainInfoSNPMFPinkprofitreportsSinopec
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