Sinopec H1 Net Profit Increases 24%
August 26, 2013 at 04:21 AM EDT
China Petroleum & Chemical (NYSE: SNP ) reported a 24% rise in its first-half net profit. Sinopec's net profit for the six months surged to 30.28 billion yuan ($4.95 billion), from CNY24.50 billion, in the year-ago period. Its revenue gained 5.2% to CNY1.42 trillion from CNY1.35 trillion. It posted an operating
