Zhi Tong Cai Jing·2025-08-21 11:57Core Viewpoint - China Petroleum & Chemical Corporation (Sinopec) reported a decline in both revenue and net profit for the first half of 2025, indicating challenges in the oil and petrochemical sector due to falling product prices and sales volumes [1] Financial Performance - The company's operating revenue for the first half of 2025 was 1,409.05 billion yuan, a year-on-year decrease of 10.6% [1] - Net profit attributable to shareholders was 21.483 billion yuan, down 39.8% compared to the previous year [1] - Basic earnings per share were 0.177 yuan, with an interim cash dividend of 0.088 yuan per share [1] Business Segment Performance - Main business revenue reached 1,380.4 billion yuan, reflecting a 10.7% year-on-year decline [1] - The decrease in revenue is primarily attributed to lower prices of oil and petrochemical products, as well as a reduction in sales volumes of refined oil products [1]