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          Home » News » Three oil companies reported financial data competition net decline in most Sinopec
          Three oil companies reported financial data competition net decline in most Sinopec
          Author:admin Time:2016-09-07 05-55-18

          Sinopec 26 evening semi annual report released in 2012, the first half net profit attributable to shareholders was 23 billion 700 million yuan, down 41.1%, equivalent to earn 130 million yuan; basic earnings per share 0.273 yuan, down 41.2%. At this point, the three major oil companies all released results for the first half of 2012.

          Chinese oil in the first half of the most profitable, net profit of 62 billion yuan, equivalent to earn 341 million yuan on the day; followed by CNOOC, net profit of 31 billion 870 million yuan, equivalent to 175 million yuan per day, Sinopec ranked last.

          Three oil prices are net profit decline, the largest decline 41.1% year-on-year decline of Sinopec, CNOOC; down 19%, ranked second; the oil deterioration, a slight decrease of 6%. The reason for the decline in net profit, the three major oil companies have mentioned the rise in oil prices caused by increased costs. In addition, Sinopec and PetroChina have said that due to the refined oil price adjustment is not in place, resulting in the performance of the company by refining business losses dragged.

          Distribution plan, the Chinese oil is the most generous, to be 1.525 shares to send 10 yuan (including tax); followed by CNOOC, to be 0.15 Hong Kong dollar per share; finally Sinopec, intends to send 1 yuan per 10 shares (including tax).

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