(EnergyAsia, April 13) — China Petroleum & Chemical Corporation (Sinopec Corp) said its 2006 net profit surged more than 28% to RMB50.66 billion on revenue of RMB1.045 trillion (up 30.72%). Profit attributable to shareholders was RMB53.91 billion, an increase of 30.05% over the previous year. (US$1=RMB7.73). Sinopec’s board has proposed a dividend of…
CHINA: Sinopec Corp reports 28% rise in 2006 net profit to RMB50.66 billion
Posted on April 13, 2007 by EnergyAsia