China Petroleum & Chemical Corporation (Sinopec) said its profit rose 54.88% to RMB26.653 billion for the first three quarters of 2004 while operating revenues climbed 36.09% to RMB433.646 billion. (US$1=RMB8.27). Third quarter revenue came to RMB 158.204 billion (+39.63%) while was profit RMB10.502 billion (62.02%). Sinopec said the Chinese economy grew by 9.5% in…
CHINA: Sinopec says 3rd quarter net profit up 62.02% to RMB10.50 billion
Posted on November 2, 2004 by EnergyAsia