中国石化：预计上半年净利润同比下降39.5%-43.7%

Core Viewpoint - The company anticipates a significant decline in net profit for the first half of 2025, primarily due to adverse market conditions and increased competition in the oil and petrochemical sectors [1] Group 1: Financial Performance - The company expects a net profit attributable to shareholders of 20.1 billion to 21.6 billion yuan for the first half of 2025, representing a year-on-year decrease of 39.5% to 43.7% [1] - The decline in profit is attributed to a sharp drop in international crude oil prices, intense competition in the oil and petrochemical markets, and low margins in the chemical market [1] Group 2: Operational Strategy - In response to the challenging operating environment, the company is intensifying efforts to optimize production and operations while strictly controlling costs and expenses [1]