Sinopec profit fell 20% in the first half – energy – People’s network www.avtt.net

Sinopec first half profits drop 20% – energy – people.com.cn JINGWAH times cartography Xie Yao yesterday, Sinopec semi annual report released by the first half of the year, the company achieved a turnover of 879 billion 200 million yuan, down 15.6%; attributable to shareholders of the company profit of 19 billion 300 million yuan, down 21.3%. So far, three barrels of oil in the first half of the results were released, the international crude oil prices in the context of low volatility, the interim results of the three barrels of oil fell sharply settled. The 15.6% decline in revenue of Sinopec Sinopec semi annual report, prepared in accordance with accounting standards China enterprise’s key financial data and indicators, the first half of the year, the company achieved a turnover of 879 billion 200 million yuan, down 15.6%; the first half attributable to shareholders of the company’s profit of 19 billion 300 million yuan, down 21.3%. Although the company’s upstream business affected by crude oil, natural gas prices fell, an increase in losses, but oil refining and refined oil sales profit increased, stable performance of chemical industry, the integration of advantages. In the first half, the company processed 1.16 tons of crude oil, refined oil production of 73 million 260 thousand tons, of which gasoline production grew by 3.74%, kerosene production grew by 3.36%. In the first half, the total sales of 97 million 170 thousand tons of refined oil, an increase of 4.5%, of which the total amount of refined oil sales by the year of 86 million 510 thousand tons, an increase of 3.1%. Through the "Internet plus" and other marketing tools, to promote the sustained and rapid development of non oil business. The non oil trade amounted to 18 billion 500 million yuan, an increase of 43%. Three barrels of oil in the first half dismal results in the first half, CNOOC, PetroChina net profit also fell sharply. Prior to CNOOC’s interim results released in the first half, CNOOC net loss of 7 billion 740 million yuan, down by 152.5%, ushered in its first loss since 2001, the first half of the performance of the Hongkong stock exchange listed. CNOOC in the first half to achieve an average price of $37.70 barrels of oil, down 34.5%; average realized natural gas price of $5.49 cubic feet, down 16.2%. In the first half, the company’s oil and gas sales revenue was 55 billion 80 million yuan, down by 28.5%. In August 25th, PetroChina released interim report, according to the international financial reporting standards, the first half of the year, the group achieved a turnover of 739 billion 67 million yuan, lower than the same period last year 15.8%; net profit attributable to shareholders of the parent company 531 million yuan, lower than the same period last year 97.9%. This is the oil since 2007 A shares listed, the worst half year results. Oil shocks affect the performance of oil companies Sinopec in the semi annual report, will be attributed to the decline in international crude oil prices low volatility, lower downstream petrochemical prices. Sinopec said that the slow recovery of the world economy in the first half of the year, the international crude oil prices fell sharply year on year, was bottoming out trend. PetroChina will also be attributed to the sharp decline in international oil prices continued low. In fact, the first half of the year, international oil market supply and demand fundamentals relaxed, affected by the slow recovery of the global economy, geopolitical and other factors, the international crude oil prices dip back after the shock)相关的主题文章: