Summary by Moomoo AI
China Petroleum & Chemical Corporation (SINOPEC CORP) released its unaudited financial performance for the first half of 2024 on August 23, 2024. The report shows that the company's revenue reached 157,613.1 million RMB, and the net profit attributable to shareholders was 3,570.3 million RMB. The basic and diluted earnings per share were 0.296 RMB. As of June 30, 2024, the total assets were 214,193.6 million RMB, total liabilities were 115,559.1 million RMB, and shareholders' equity was 82,814 million RMB. The company proposes to distribute an interim dividend of 0.146 RMB per share. In terms of business, China Petroleum & Chemical Corporation continues to invest in key projects such as the Tianjin LNG project and refinery expansion, and focuses on green development strategy and risk management to enhance competitiveness and sustainability. The risks faced...Show More