Xin Lang Cai Jing·2025-10-29 11:48Core Viewpoint - China Petroleum & Chemical Corporation (Sinopec) reported a net profit of RMB 8.31 billion for the third quarter, reflecting a year-on-year growth of 3.5% [1] Financial Performance - For the first three quarters, the company's net profit attributable to shareholders was RMB 32.065 billion [1] - The oil and gas equivalent production reached 55.5 million tons, representing a year-on-year increase of 2.2% [1] - Domestic crude oil production was 26.94 million tons, while natural gas production was 31.1 billion cubic meters, showing a growth of 4.9% [1] - The company processed 186.41 million tons of crude oil and produced 111.08 million tons of refined oil, with a 10.0% increase in chemical light oil production to 33.34 million tons [1] Share Buyback Activity - To maintain company value and shareholder rights, Sinopec has been actively conducting share buybacks [1] - As of September 30, 2025, the company repurchased a total of 32.16 million A-shares, utilizing RMB 179 million [1] - Additionally, 96.97 million H-shares were repurchased, with a total expenditure of HKD 417 million [1]