China Petroleum & Chemical Corporation (or Sinopec Corp) (HKEX: 386; NYSE: SNP; LSE: SNP; CH: 600028) said its first quarter net profit rose more than 1,084% to RMB6.42 billion on revenue of RMB102.72 billion. (US$1=RMB8.28). Revenue was up 55.6% over year-ago levels. “During the first quarter of 2003, the Chinese economy grew at a 9.9%…
CHINA: Sinopec Corp report sharp rises in net profit, revenue for quarter to March 31, 2003
Posted on May 6, 2003 by EnergyAsia