Sinopec Third-Quarter Profit Jumps 64% as Oil Prices Climb ...Middle East

OILPRICE - Economy
Sinopec Third-Quarter Profit Jumps 64% as Oil Prices Climb
Higher oil prices helped raise Sinopec’s third-quarter earnings by 64% from a year earlier, even as China’s top refiner couldn’t fully capture the record-high global refining margins.  China Petroleum & Chemical Corporation, as Sinopec is officially known, said on Thursday that its profit attributable to the shareholders of the company surged by 63.6% on the year to $2 billion (13.6 billion Chinese yuan) for the third quarter.  Revenues rose by 9.3% to $115 billion (769.7 billion yuan). For the first nine months…

Hence then, the article about sinopec third quarter profit jumps 64 as oil prices climb was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Sinopec Third-Quarter Profit Jumps 64% as Oil Prices Climb )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy


Latest News