智通财经网·2025-10-29 11:54Core Viewpoint - China Petroleum & Chemical Corporation (Sinopec) reported a decline in revenue and net profit for the first three quarters of 2025, primarily due to falling crude oil and product prices, leading to reduced inventory profits and lower sales volumes of gasoline and diesel [1] Financial Performance - The operating revenue for the first three quarters was 2,113.441 billion yuan, a year-on-year decrease of 10.7% [1] - The net profit attributable to shareholders was 29.984 billion yuan, reflecting a year-on-year decline of 32.2% [1] - Basic earnings per share were reported at 0.247 yuan [1] Contributing Factors - The decrease in net profit was mainly attributed to the continuous decline in crude oil and product prices, which negatively impacted inventory profits [1] - Domestic sales volumes of gasoline and diesel experienced a downturn [1] - The gross profit margins for aviation fuel, aromatics, and other products also saw a decline [1]