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.