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China Petroleum & Chemical Corp (0386.HK)

0386.HK on Hong Kong Stock

6.11HKD
18 Apr 2019
Change (% chg)

HK$-0.05 (-0.81%)
Prev Close
HK$6.16
Open
HK$6.18
Day's High
HK$6.19
Day's Low
HK$6.09
Volume
99,528,237
Avg. Vol
108,807,300
52-wk High
HK$8.35
52-wk Low
HK$5.37

Latest Key Developments (Source: Significant Developments)

Yum China Holdings Says Reaffirms Long Term Revenue And Profit Growth Targets
Tuesday, 12 Mar 2019 

March 12 (Reuters) - Yum China Holdings Inc ::REAFFIRMS LONG TERM REVENUE AND PROFIT GROWTH TARGETS.UNVEILS AGREEMENTS WITH SINOPEC AND CHINA NATIONAL PETROLEUM CORPORATION TARGETS 10,000 STORES BY 2021.YUM CHINA PARTNERS WITH SINOPEC AND CHINA NATIONAL PETROLEUM CORPORATION ON GAS STATION RESTAURANTS.YUM CHINA - KFC'S RESTAURANT MARGIN IS EXPECTED TO COME UNDER SOME PRESSURE IN FIRST HALF OF 2019.HAS CAPACITY TO RETURN APPROXIMATELY $1.5 BILLION TO SHAREHOLDERS OVER NEXT THREE YEARS.  Full Article

Sinopec Says Trading Unit Unipec's 2018 Opearting Loss At About 4.65 Bln Yuan
Friday, 25 Jan 2019 

Jan 25 (Reuters) - China Petroleum & Chemical Corp <600028.SS><0386.HK> ::SAYS TRADING UNIT UNIPEC'S 2018 OPERATING LOSS AT ABOUT 4.65 BILLION YUAN ($687.46 million).SAYS OPERATIONS AT THE COMPANY AND UNIPEC ARE NORMAL.  Full Article

Sinopec's Preliminary Profit Rises, Production For Oil And Gas, Natural Gas Up In 2018
Friday, 25 Jan 2019 

Jan 25 (Reuters) - China Petroleum & Chemical Corp <600028.SS><0386.HK>SNP.N::SAYS PRELIM 2018 NET PROFIT UP 22.0 PERCENT Y/Y AT 62.4 BILLION YUAN ($9.23 billion).SAYS 2018 OIL AND GAS PRODUCTION 451.4 MMBOE, UP 0.59 PERCENT Y/Y.SAYS 2018 NATURAL GAS PRODUCTION 977.12 BCF, UP 7.08 PERCENT Y/Y.SAYS 2018 REFINERY THROUGHPUT 244.01 MILLION TONNES, UP 2.31 PERCENT Y/Y.  Full Article

China Petroleum & Chemical Suspends Two Officials At Trading Unit, Company Is Operating Normally
Thursday, 27 Dec 2018 

Dec 27 (Reuters) - China Petroleum & Chemical Corp <600028.SS>::SAYS IT HAS SUSPENDED TWO TOP OFFICIALS AT ITS TRADING UNIT UNIPEC DUE TO WORK-RELATED REASONS, CLARIFYING MEDIA REPORTS.SAYS UNIPEC FACES LOSSES DUE TO FALLING OIL PRICES, COMPANY IS EVALUATING THE MATTER.SAYS COMPANY IS OPERATING NORMALLY.  Full Article

China Petroleum & Chemical Appoints Ma Yongsheng As President
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - China Petroleum & Chemical Corp <600028.SS>::MA YONGSHENG, AN EXECUTIVE DIRECTOR, HAS BEEN APPOINTED AS PRESIDENT.DAI HOULIANG, AN EXECUTIVE DIRECTOR, HAS TENDERED HIS RESIGNATION AS PRESIDENT.LEI DIANWU AND CHEN GE HAVE BEEN APPOINTED AS SENIOR VICE PRESIDENTS OF COMPANY.  Full Article

Sinopec Says 9-Month Net Profit Up From Year Earlier
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - China Petroleum & Chemical Corp <600028.SS><0386.HK>SNP.N::SAYS 9-MONTH NET PROFIT UP 56.3 PERCENT Y/Y.SAYS 9-MONTH NET PROFIT UP 52.7 PERCENT Y/Y BY IFRS.  Full Article

China Petroleum & Chemical's H1 Net Profit Up 53.6 Percent Y/Y By China Accounting Standards
Sunday, 26 Aug 2018 

Aug 26 (Reuters) - China Petroleum & Chemical Corp <600028.SS><0386.HK>::SAYS H1 NET PROFIT UP 53.6 PERCENT Y/Y BY CHINA ACCOUNTING STANDARDS.  Full Article

Sinopec's Controlling Shareholder To Reduce Holdings In The Company After Share Transfer Deal
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - China Petroleum & Chemical Corp <600028.SS>::SAYS CONTROLLING SHAREHOLDER PLANS TO TRANSFER 2.48 BILLION A-SHARES IN THE COMPANY TO TWO INVESTMENT FIRMS.SAYS CONTROLLING SHAREHOLDER'S HOLDING IN THE COMPANY WILL REDUCE TO 68.81 PERCENT FROM 70.86 PERCENT AFTER TRANSACTIONS.  Full Article

SINOPEC Shandong Taishan Petroleum to pay cash dividend of 0.1 yuan per 10 shares on Aug. 3
Thursday, 26 Jul 2018 

July 26 (Reuters) - SINOPEC Shandong Taishan Petroleum Co Ltd <000554.SZ>:Says it will pay a cash dividend of 0.1 yuan per 10 shares (before tax) for 2017 to shareholders of record on Aug. 2.The company's shares will be traded ex-right and ex-dividend on Aug. 3 and the dividend will be paid on Aug. 3 .  Full Article

Sinopec Sees H1 Net Profit Up About 50 Percent Y/Y Versus 27.1 Billion Yuan Year Ago
Tuesday, 24 Jul 2018 

July 24 (Reuters) - China Petroleum & Chemical Corp <600028.SS><0386.HK>SNP.N::SAYS IT SEES H1 NET PROFIT UP ABOUT 50 PERCENT Y/Y VERSUS 27.1 BILLION YUAN ($3.98 billion) YEAR AGO.  Full Article

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Shell enters China's shale oil scene with joint study with Sinopec

SINGAPORE Royal Dutch Shell has entered China's shale oil sector, signing an agreement with state-owned Sinopec to study an East China block, part of the nation's early efforts to unlock the potentially massive unconventional resource.