Sinopec posts first-quarter turnover

China Petroleum and Chemical, or Sinopec, has announced its unaudited results for the first three months ending 31 March 2010, reporting turnover of CNY438.2bn, up 92.62 per cent over the same period last year.

Net profit attributable to equity shareholders and basic earnings per share were CNY15.8bn and CNY0.182 respectively, both rising by 40.14 per cent year on year.

The company’s turnover, other operating revenues and other income was CNY438.2bn, up 92.6 per cent over the same period last year.

Net profit attributable to equity shareholders and basic earnings per share were CNY15.8bn and CNY0.182, both rising 39.9 per cent over the same period last year.