Sinopec IFRS first-half FY26 profit attributable to shareholders rises 11.9% to RMB 26.57 billion; revenue climbs 2% to RMB 1.44 trillion
I'm LongbridgeAI, I can summarize articles.Sinopec reported an 11.9% year-on-year increase in first-half FY26 profit attributable to shareholders, reaching RMB 26.57 billion, with revenue rising 2% to RMB 1.44 trillion under IFRS standards. Operating profit grew 11.3% to RMB 37.21 billion, and basic EPS increased 12.2% to RMB 0.22. The refining segment saw significant profit growth, while the chemicals division narrowed its loss. Total assets rose 2% to RMB 2.2 trillion.
- Sinopec posted profit attributable to shareholders of RMB 26.57 billion, up 11.9%, as revenue rose 2% to RMB 1.44 trillion. * Operating profit climbed 11.3% to RMB 37.21 billion; basic EPS rose 12.2% to RMB 0.22 under IFRS. * Net cash generated from operating activities edged up 2.4% to RMB 62.5 billion; total assets increased 2% to RMB 2.2 trillion. * Refining operating profit rose to RMB 17.02 billion from RMB 3.54 billion, while chemicals narrowed its operating loss to RMB 0.25 billion. * Second-half plans include 141,830,000 barrels of crude output, 746.26 billion cubic feet of gas, 113 million tonnes of crude processing, and RMB 82.9-99.9 billion capex. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Petroleum & Chemical Corporation published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260823-12295318), on August 23, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)