The hottest Sinopec announces the results of the f

2022-08-15
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Sinopec announces the first quarter results of 2010 Beijing, China - April 28, 2010 - China Petrochemical Corporation (hereinafter referred to as "Sinopec") (ch:600028; hkex:386; nyse: SNP; lse: SNP) today announced the first quarter results as of March 31, 2010

key performance points:

in accordance with the Chinese accounting standards for business enterprises (ASBE), the operating revenue in the first quarter of 2010 was 438.209 billion yuan, an increase of 92.62% year-on-year; The net profit attributable to Sinopec shareholders was 15.768 billion yuan, and the basic earnings per share was 0.182 yuan, both of which increased by 40.14% year-on-year

in accordance with international financial reporting standards (IFRS), turnover, other operating income and other income in the first quarter of 2010 amounted to 438.209 billion yuan, an increase of 92.62% year-on-year; The profit attributable to Sinopec shareholders was 15.785 billion yuan, and the basic earnings per share was 0.182 yuan, both of which increased by 39.93% year-on-year

the capital expenditure of Sinopec in the first quarter was about 16.844 billion yuan

business points:

in terms of exploration and development business, the company's crude oil production in the first quarter was basically the same as that in the same period last year, and natural gas production was increased by 40.97% year-on-year in Morrisville and Dongguan, China

in the first quarter of the refining business, the crude oil processing volume increased by 20.42% year-on-year, reaching 49.5041 million tons

the sales volume of domestic refined oil in the first quarter of marketing and distribution business increased by 24.25% year-on-year, reaching 32.8382 million tons

) 66 after confirming the installation directory; In the first quarter of the chemical business, the output of ethylene and synthetic resin was 2.028 million tons and 2.9167 million tons respectively, with a year-on-year increase of 36.29% and 20.72% respectively

Mr. Wang Xinhua, chief financial officer of Sinopec, said: "In the first quarter of 2010, China's economy further rebounded and improved. Driven by the Chinese government's policies to expand domestic demand and improve people's livelihood, the domestic demand for natural gas, refined oil and chemical products achieved stable growth. At the same time, the company took a number of measures to actively expand the market, optimize the product structure, and pay attention to safe production and energy conservation and consumption reduction. In the first quarter, the company's natural gas output, crude oil processing volume, domestic refined oil sales volume and 6. Experimental software: Chinese winxp/2000 operating system, menu prompt, mouse selection, simple and convenient operation; Wood universal testing machines are now growing by a large margin. After the Sichuan East gas transmission pipeline was safely put into operation, it operated smoothly, and the Tianjin ethylene project was successfully put into operation, achieving good production and operation performance. "

details of the first quarter results

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