On March 11, SINOPEC Engineering(Group) Co., Ltd. (SEG) announced its annual results for the twelve months period ended 31 December 2018 at a news conference in Hong Kong. Yu Baocai, Vice President of Sinopec Group and Chairman of SEG, attended the news conference.
In 2018, SEG achieved optimal business performance with its major economic indicators all realizing significant growth. For the year 2018, SEG’s revenue was RM47.019 billion. Net profit was RMB1.680 billion. Cash flow performance remained strong. The Board recommended a final dividend of RMB0.124 per share for the year 2018. After taking into account the interim dividend of RMB0.100 per share, total dividend for the year will be RMB0.224 per share, representing an increase of 12.0% on a year-on-year basis and a dividend payout ratio of 59%.