Core Viewpoint - China Petroleum & Chemical Corporation (Sinopec) reported a solid performance in the first half of 2025, showcasing strong revenue and profit figures while maintaining a robust financial position [1] Financial Performance - The company achieved a revenue of 1.4 trillion yuan in the first half of the year [1] - Shareholder profit amounted to 23.75 billion yuan, indicating a healthy profit margin [1] - Operating cash flow remained abundant, reflecting a stable financial condition [1] Dividend and Share Buyback - The board of directors declared an interim dividend of 0.088 yuan per share, with a cash dividend payout ratio of 49.7% [1] - A new round of share buyback was approved to enhance company value [1] Production and Operational Highlights - The total oil and gas equivalent production reached 262.81 million barrels, marking a year-on-year increase of 2.0% [1] - Domestic crude oil production was 126.73 million barrels, while natural gas production was 736.28 billion cubic feet, up by 5.1% year-on-year [1] - The company processed 120 million tons of crude oil, producing 71.4 million tons of refined oil and 22.06 million tons of chemical light oil, which is an 11.5% increase [1] - Ethylene production stood at 7.563 million tons, with total chemical product sales reaching 40.08 million tons, achieving full production and sales [1]
中国石化:上半年利润237亿元 董事会批准新一轮股份回购方案