logo
Plus   Neg
Share
Email

China Petroleum & Chemical FY12 Profit Declines - Quick Facts

China Petroleum & Chemical Corp.(SNP, SNP.L) Sunday reported full year 2012 net profit attributable to equity shareholders of the company of RMB63.5 billion, down 11.4% year-on-year. Earnings per share for the year was RMB0.704.

Operating income was RMB2.78 billion, up 11.2% year-on-year, and operating profit was RMB87.9 billion.

In accordance with the International Financial Reporting Standards, the company reported 2012 turnover, other operating revenues and other income of RMB2.78 billion, up 11.2% year-on-year.

The board of directors of the company proposed a final cash dividend of RMB0.2 per share. In addition, the board proposed 2 bonus shares from retained earnings plus 1 bonus share from capital reserve for every 10 existing shares to all shareholders.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
In a move likely to further inflame global trade tensions, President Donald Trump has threatened to impose a 20 percent tariff on all cars imported to the U.S. from the European Union. Trump claimed he would impose the new tariffs unless the EU removes tariffs and trade barriers placed on the U.S. The Federal Reserve has determined that the largest U.S. banks are strongly capitalized and would be able to lend to banks as well as households during a severe global economic recession. This is the fourth straight year that all banks have met the Federal Reserve's standards. The first round of results of the supervisory stress tests were released by the central bank on Thursday. The "safety" driver behind the wheel of a self-driving Uber was streaming a television show on her smartphone up until about the time of a fatal crash in March, according to a report from the Tempe Police Department. Uber's self-driving Volvo SUV, which was traveling at under 44 miles per hour, had struck and killed a pedestrian in Arizona on March 18.
Follow RTT