Five chemical companies' profits in the first three quarters exceeded 10 billion yuan

Benefiting from the economic recovery and the recovery of downstream demand, the prosperity of the chemical industry continues to be high
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According to the latest quarterly data, in the first three quarters, the profits of the chemical sectors of PetroChina and Sinopec, Wanhua Chemical, Hengli Petrochemical, and Rongsheng Petrochemical all exceeded 10 billion yuan

Benefiting from the economic recovery and the recovery of downstream demand, the prosperity of the chemical industry continues to be high

China Petroleum China Oil China Petroleum2021 first three quarters, according to the International Financial Reporting Standards, operating income of 1.

In the first three quarters, PetroChina’s refining and chemical business achieved operating profits of 31.

Sinopec Sinopec ’s operating income in the first three quarters was 2 trillion yuan, a year-on-year increase of 29%; net profit attributable to the parent company was 59.

In the first three quarters, Sinopec's chemical sector's EBIT was RMB 23.

Wanhua Chemical Wanhua Chemical Wanhua Chemicalachieved revenue of 107.

Wanhua Chemical has formed a highly integrated industrial chain, with its main business covering the polyurethane business segment, petrochemical business segment, and fine chemicals and new materials business segment

In the first three quarters of Hengli Petrochemical Hengli Petrochemical Hengli Petrochemicalachieved operating income of 151.

Specifically, during the period, the sales volume of its refining and chemical products was 20,168,100 tons and operating income was 85.

The operating income of Rongsheng Petrochemical in the first three quarters was 129.

Rongsheng Petrochemical previously stated in the performance forecast that relying on the large-scale "less oil and more chemical" integrated refining and chemical equipment, optimize energy utilization, reduce unit product emissions, and achieve green and low-carbon development

Since the beginning of this year, benefiting from rising international oil prices and repairing market consumption, combined with stable domestic petrochemical capacity supply and rebounding overseas demand, the price and spread fluctuations of various major chemical products in China have remained in the high range, supporting the stability and growth of corporate profits

Looking ahead, the chemical sector's prosperity in the fourth quarter is still improving