24pc jump in Sinopec first half income

HONG KONG – China Petroleum and Chemical Corp (Sinopec), Asia’s biggest refiner, Monday posted a 24 percent jump in first- half net income with the government implementing the new petroleum products pricing mechanism to reflect international trends, which helped the company to improve the refining margins and turn the business profitable. Sinopec’s refining business swung into the black in the …

Powered by WPeMatico

This entry was posted in Nigeria News. Bookmark the permalink.

Leave a Reply