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Sinopec's first-quarter net profit increased by 24.5% year-on-year

 Last Update: 2022-05-20
 Source: Internet
 Author: User

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[ Industry News of Chemical Machinery and Equipment Network ] On April 27, Sinopec released its 2022 first quarter performance report
.
According to the Chinese Accounting Standards for Business Enterprises, the net profit attributable to shareholders of the parent company in the first quarter was RMB 22.
605 billion, a year-on-year increase of 24.
5%
.
According to International Financial Reporting Standards, the net profit attributable to shareholders of the Company in the first quarter was RMB 23.
338 billion, a year-on-year increase of 24.
3%
.

Chemical machinery and equipment network industry dynamics chemical machinery and equipment

In terms of exploration and development , in the first quarter, the oil and gas equivalent was 17.
1 million tons, a year-on-year increase of 3.
7%, of which natural gas production was 8.
89 billion cubic meters, a year-on-year increase of 7.
7%
.

Exploration and Development

　　In terms of refining , in the first quarter, the processing volume of crude oil was 64.
19 million tons, a year-on-year increase of 2.
7%, and the production of refined oil was 37.
36 million tons, a year-on-year increase of 4.
7%
.
In terms of marketing and distribution, in the first quarter, the total domestic sales volume of refined oil products was 41.
06 million tons, a year-on-year increase of 2.
6%
.

Refining

　　In terms of chemicals , in the first quarter, the proportion of high value-added products of synthetic resins, synthetic fibers and fine chemicals increased by 1.
6, 6.
5 and 1.
6 percentage points respectively, the output of ethylene was 3.
606 million tons, a year-on-year increase of 6.
7%, and the total operating volume of chemical products was 20.
64 million tons, a year-on-year increase of 6.
7%.
up 4%
.

Chemical aspects

　　In terms of capital expenditure, capital expenditure in the first quarter was RMB 25.
38 billion, including RMB 15.
25 billion in exploration and development, RMB 6.
03 billion in refining, RMB 840 million in marketing and distribution, and RMB 2.
3 billion in chemical industry.
Headquarters and other capital expenditures amounted to RMB 960 million
.

　　Original title: Sinopec's first-quarter net profit increased by 24.
5% year-on-year

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