China Petroleum & Chemical Corporation·Energy

The Board Considered and Approved the Proposal to Grant to a Mandate for New Round of Share Repurchase BEIJING, CHINA / ACCESS Newswire / March 23, 2026 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX:386)(SSE:600028) today announced its annual results for the twelve months ended 31 December 2025. Financial Highlights In accordance with IFRS Accounting Standards, the Company's revenue reached RMB 2.78 trillion; Operating profit was RMB 48.608 billion; Profit attributable to shareholders of the Company was RMB 32.476 billion.

China Petroleum & Chemical Corp , known as Sinopec, reported a 36.8% decline in 2025 net profit on Sunday, citing rising substitution by new energy sources, and weak petrochemical margins, according to the company's filing.

China's Sinopec, the world's biggest refiner by capacity, aims to cut throughput this month by more than 10% from its original plan in response to a crude supply gap caused by the war in the Middle East, two sources familiar with its operations said.

China Petroleum and Chemical (OTCMKTS:SNPMF - Get Free Report) is anticipated to release its resultson Thursday, March 19th. Analysts expect China Petroleum and Chemical to post earnings of $0.0057 per share and revenue of $91.7246 billion for the quarter. China Petroleum and Chemical Stock Performance Shares of SNPMF opened at $0.66 on Thursday. China Petroleum
China Petroleum & Chemical Corporation, an energy and chemical company, engages in the oil and gas and chemical operations in Mainland China, Singapore, and internationally. It operates through five segments: Exploration and Production, Refining, Marketing and Distribution, Chemicals, and Corporate and Others. The company explores and develops oil fields; produces crude oil and natural gas; processes and purifies crude oil; and manufactures and sells petroleum products. It also owns and operates oil depots and service stations; and distributes and sells refined petroleum products, including gasoline and diesel through wholesale and retail sales networks. In addition, the company manufactures and sells petrochemical and derivative petrochemical products; and other chemical products, such as basic organic chemicals, synthetic resins, synthetic fiber monomers and polymers, synthetic fibers, synthetic rubber, and chemical fertilizers. Further, it is involved in the exploration, production, and sale of petroleum and natural gas; production, storage, and sale of petrochemical and coal chemical products; import and export of petroleum products, natural gas, petrochemical, and chemical products; production and sale of catalyst products, lubricant base oil, polyester chips and fibers, plastics, and intermediate petrochemical products; research, development, production, and sale of ethylene and downstream byproducts; provision of geophysical exploration, drilling, survey, logging, downhole operational services, and construction services, as well as crude oil jetty services and natural gas pipeline transmission services; manufacturing production equipment; and coal chemical industry investment management activities. The company was incorporated in 2000 and is headquartered in Beijing, China. China Petroleum & Chemical Corporation is a subsidiary of China Petrochemical Corporation.
Energy
Oil & Gas Integrated
355,952
2010-10-15
0.71