Arab Today, arab today sinopecs first half net profits decline 223
Last Updated : GMT 04:12:39
Arab Today, arab today
Arab Today, arab today

Sinopec's first half net profits decline 22.3%

Arab Today, arab today

Arab Today, arab today Sinopec's first half net profits decline 22.3%

Sinopec company
Beijing - XINHUA

Sinopec, one of China's top oil refiners, reported a sharp decline in net profits on Wednesday, mainly due to weak oil prices.

The group's net profits dropped by 22.3 percent year on year to 24.4 billion yuan (3.81 billion U.S. dollars) in the first half of this year, according to its interim financial report.

As international oil prices hover at low levels, the company's oil and gas exploration saw a deficit of 1.8 billion yuan.

The low price of crude oil pushed up the company's profits in oil refining and chemical engineering.

Sinopec's total revenue shrank 23.3 percent to 1.04 trillion yuan in the first six months.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sinopecs first half net profits decline 223 Arab Today, arab today sinopecs first half net profits decline 223

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sinopecs first half net profits decline 223 Arab Today, arab today sinopecs first half net profits decline 223

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday