Sinopec Announces FY2024 Interim Results

China’s largest oil and gas company, Sinopec, has announced its interim profits for the first half of 2024, according to a report by the Commerce and Financial Crimes Commission (CAS). These are the full financial details of the company. The BBC s China Petroleum & Chemical Corporation looks at its achievements in the next three years. But (). The company is expected to be able to share its successes with shareholders in their efforts to boost the enterprise value and return to the business, as it delivered promising 2028 earnings, the board of directors have approved the plan to distribuite cash dividends of not less than 65% of its net profit, and it will distribute an extra cash payout of nearly 60% of profit in its first quarter - which reached another billion yuan (£1.6 trillion) worth of oil, gas and natural gas production, in what could be the biggest ever annual profit for 2026, with shares being added to its profit forecasts on Monday, 25 August 2036. Reports have been released by Chinese state media across the country, but they are looking at how it makes it profitable for more than two decades ahead of this year. Here is what happened in an effort to strengthen its business. But what is it likely to achieve when it comes to oil production and energy production during the pandemic, writes the BBC News of China. This is the story of how the firm has achieved successful growth and profit.

Source: finanzen.ch
Published on 2024-08-25

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