Exploration & Production | Quarterly / Earnings Reports
Sinopec Accelerates Unconventional Ops in Q3; Ramps Up Earnings
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China Petroleum & Chemical Corporation has reported its unaudited results for the nine months ended 30 September, 2013.
Financial Highlights: In accordance with the China Accounting Standards for Business Enterprises (ASBE), the Company's operating income for the first three quarters of 2013 was RMB 2139.9 billion, up 5.7% over the same period of last year, and operating profit was RMB 74.71 billion, up 25.8% over the same period of last year. Net profit attributable to equity shareholders of the Company was RMB 51.6 billion for the three quarters, up 23% over the same period of last year. Net profit attributable for equity shareholders of the Company for the third quarter was RMB 22.18 billion, up 63.3% quarter on quarter. Basic earnings per share for the first three quarters were RMB…Finish this article — free account or subscription
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