Sou Hu Cai Jing·2025-08-21 11:39Core Insights - China Petroleum & Chemical Corporation (Sinopec) reported strong performance in its 2025 interim results, with revenue reaching 1.4 trillion yuan and a net profit attributable to shareholders of 23.75 billion yuan [1] - The company announced an interim dividend of 0.088 yuan per share, with a cash dividend payout ratio of 49.7%, and approved a new share buyback plan to enhance company value [1] Financial Performance - Revenue for the first half of the year was 1.4 trillion yuan, with a net profit of 23.75 billion yuan [1] - Operating cash flow remained robust, indicating a stable financial condition [1] Production and Operations - The company achieved an oil and gas equivalent production of 262.81 million barrels, a year-on-year increase of 2.0% [1] - Domestic crude oil production was 126.73 million barrels, while natural gas production reached 736.28 billion cubic feet, reflecting a year-on-year growth of 5.1% [1] - Crude oil processing amounted to 120 million tons, with refined oil products totaling 71.4 million tons and chemical light oil at 22.06 million tons, marking an 11.5% increase year-on-year [1] - Ethylene production was recorded at 7.563 million tons, with total chemical product operations reaching 40.08 million tons, indicating a full production and sales cycle [1]