上海石化:2025年上半年净利润预亏4.18亿元-5.11亿元
Core Viewpoint - Shanghai Petrochemical (600688) expects a net loss attributable to shareholders of approximately RMB 418 million to 511 million in the first half of 2025, with a net loss of about RMB 397 million to 486 million after excluding non-recurring gains and losses [1] Group 1 - The company attributes the expected losses to a downward fluctuation in crude oil prices and a lack of significant improvement in product market demand [1] - The narrowing price gap between major refining products and raw material costs has pressured profit margins [1] - Detailed financial data will be disclosed in the company's semi-annual report for 2025 [1]