Three barrels of oil in the first half results released Sinopec’s most profitable oil is blea www.bv2008.cn

Three barrels of oil in the first half results released   the most profitable petrochemical oil is very bleak — energy — people.com.cn original title: three barrels of oil in the first half results released the most profitable petrochemical oil is very bleak yesterday evening, Sinopec released the 2016 semi annual report, in accordance with the China enterprise accounting standards, the company achieved operating profit of 34 billion 300 million yuan, down 12.9%. Attributable to shareholders of the parent company net profit of 19 billion 300 million yuan, basic earnings per share of $0.159. Sinopec said that although the upstream business by crude oil and natural gas prices decline, the loss of an increase, but sales of oil refining and chemical industry profit profit increase, stable performance, integration advantage. In addition, the first half of the marketing and distribution business operating income of 501 billion yuan, down by 11.4%, mainly due to the decline in refined oil prices. Actively expand sales, partially offset the impact of price decline. In the first half of 2016, the division of the internal and external resources, through the expansion of high value-added and high oil retail ratio, improve oil gross margin, operating income of 15 billion 800 million yuan, an increase of $600 million. Sinopec chairman Wang Yupu said that the first half of the year, the company Rio Tinto market, catch optimization, cost reduction, structural adjustment, risk control, continue to focus on improving the quality and efficiency of development, adhere to structural adjustment, deepen reform, innovation driven, strengthen co-ordination, promote all aspects of work. Looking forward to the second half, China’s economy will maintain steady growth, which will lead to domestic demand for refined oil and petrochemical products to maintain growth. The company will fully implement the "13th Five-Year" plan, promote the transfer and adjustment of structure, upgrade the quality and efficiency, promote the sustained and healthy development of the company, and strive to achieve good business performance. It is worth noting that, as of now, three barrels of oil in 2016 semi annual report has been disclosed. Trapped in the fall in oil prices, three barrels of oil performance has declined. Compared to Sinopec, PetroChina’s performance is quite bleak. According to semi annual report, the first half of the net profit of 531 million yuan in oil, down by $97.9%, operating profit of $34 billion 540 million, operating profit fell below the oil price decline. PetroChina said that in the first half, the international oil and gas prices to further decline, the domestic demand for refined oil in the doldrums, the market competition. During the period, the company’s crude oil and natural gas prices fell 36.5% and 24.5%, respectively, the production and operation of the most difficult period since the listing. CNOOC oil and gas sales revenue in the first half was 55 billion 80 million yuan, down by 28.5%, a net loss of $7 billion 740 million, while in the first half net profit of $14 billion 700 million. Overall, three barrels of oil in the first half net profit of 12 billion 100 million yuan, the average daily gain of $66 million. Among them, the most profitable Sinopec, earn 106 million yuan per day. (: Yan Lu, commissioning editor Du Yanfei)相关的主题文章: