Sinopec net profit up 30%

April 2007
Chemical Business;Apr2007, Vol. 21 Issue 4, p73
Trade Publication
The article reports on the increased net profit posted by China Petroleum Chemical Corp. (Sinopec) in 2006. The increased profit was a result of a one-off subsidy of 5 billion yuan from the central government along with higher crude oil and gas prices. The crude oil output of Sinopec rose by 2.3 percent.


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