China Sinopec

On March 23rd,  China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX: 386; SSE: 600028) unveiled its annual results for FY2024. In accordance with IFRS, the Company’s revenue reached RMB 3.07 trillion. Profit attributable to shareholders of the Company was RMB 48.94 billion. Basic earnings per share were RMB 0.404. Taking into account shareholders’ return, the total annual cash dividend amounted to RMB 0.286 per share (tax-inclusive). Aggregating the share repurchase amount during the year, total payout ratio of FY2024 reached 75%.

Looking into Year 2025, as China’s economy continues to improve, the Company is well-positioned for significant transformation and growth. And we will focus on High-end, intelligent, and green development to promote high-quality development on all fronts. To know more: https://bit.ly/41WavcP

Information source:Facebook
2025-03-24