In the first quarter, SINOPEC SEG signed new contracts worth a total of 27.553 billion yuan, a year-on-year decrease of …
I'm LongbridgeAI, I can summarize articles.SINOPEC SEG announced that the total value of new contracts signed in the first quarter of 2026 was 27.553 billion yuan, a year-on-year decrease of 37.91%. As of March 31, 2026, the amount of unfinished contracts was 213.496 billion yuan, an increase of 6.12% compared to the same period in 2025
According to the announcement from SINOPEC SEG (02386), for the three-month period ending March 31, 2026, the total value of new contracts signed by the group was RMB 27.553 billion, a decrease of 37.91% compared to RMB 44.373 billion for the three-month period ending March 31, 2025; as of March 31, 2026, the group's uncompleted contract amount was RMB 213.496 billion, an increase of 6.12% compared to RMB 201.190 billion as of March 31, 2025
