Market Environment in Q1 2014 Chinas GDP grew by 7.4% Crude oil price fluctuated within a weak downward trend Steady growth in domestic demand for refined oil products and chemicals Price premium for higher spec gasoline policy…
Summary Results YoY Operating Profit (QoQ) RMB million 1-314 1-313 Change% RMB million Turnover and other operating 641,065 695,571 (7.8) 24,817 revenues 18,497 Operating profit 24,817 27,569 (10.0) Net profit attributable to…
Financial Position Net cash generated from operating activities RMB million 12,621 8,111 1-313 1-314 Total equity attributable to Total Liabilities-to-total shareholders of the Company assets ratio RMB million 583,705…
E&P Operating Summary Fuling shale gas project progressing efficiently As of 31 March: 22 productive wells, 36 wells drilling Average production per well over 100,000 cubic meters per day 1-314 1-313 YoY Change% Oil and gas…
Marketing Operating Summary Marketing restructuring on schedule Marketing assets were injected into Sinopec Sales Co., Ltd Sinopec EasyJoy Sales Co., Ltd established to accelerate non-fuel business development Financial advisors…
Marketing Segment Performance Revenue from Non-fuel Business Operating Profit of Marketing Segment RMB billion RMB million 3.6 9,126 8,832 3.2 1-3'13 1-3'14 1-3'13 1-3'14 2014-4-29 11
Chemicals Segment Performance Chemical Products Price Index (CPPI) Operating Profit of Chemical Segment 300 RMB million 164 250 200 150 100 50 (1,342) 0 1-3'13 1-3'14 Index Difference CPPI Naphtha Price Source:…
Capital Expenditure E&P Total Capex for Q1: 13.07bn Shengli, Tahe, Fuling, Yuanba oil and gas field exploration and RMB billion development , and Shandong, Guangxi LNG construction 0.37 Refining 4.18 3.81 Refinery revamping and…
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