China’s Sinochem International (Holding) Co Ltd said its latest January-to-September net profit rose 4.16 times to 745 million yuan from 179 million over the same period last year. (US$1=8.27 yuan). The company is the Shanghai-listed arm of China’s largest chemical products trader Sinochem Group. Revenue rose by a less impressive rate from 8.79 billion…
CHINA: Sinochem reports 4.16 times rise in year-to-date profit
Posted on November 8, 2004 by EnergyAsia