State China Petroleum & Chemical Corporation or Sinopec has reported an 18.2% drop in operating profit to RMB 16.03 billion (US$1.94 billion) last year. Revenue was RMB 318.5 billion (US$38.47 billion), down by RMB 13 billion (US$1.57 billion) from the previous year.Earnings per share for 2001 were RMB 0.19 (US$0.023) compared to RMB 0.27 (US$0.0326)…

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