SINOPEC SSC (01033) announced its first half 2025 results, reporting operating revenue of approximately 37.051 billion yuan, representing a year-on-year increase of 0.6%. Net profit attributable to listed company shareholders reached approximately 492 million yuan, up 9% year-on-year, with basic earnings per share of 0.026 yuan.

According to the announcement, the change in operating revenue was primarily driven by overseas market projects, with engineering construction and other business segments experiencing significant increases in workload.

In the first half of 2025, the company focused on high-quality development as its main operational guideline, intensifying integration and regional optimization efforts, strengthening technological research and development, deepening reform and development initiatives, making comprehensive efforts to improve efficiency, and reinforcing risk prevention and control measures. Production and operations maintained stable performance, with major operating indicators achieving solid growth.

The company's new contract signings in the first half reached the best level for the same period since the "13th Five-Year Plan," with cumulative new contract value totaling 63.67 billion yuan, representing a 3.2% year-on-year increase.

Breaking down by market segments: new contracts from SINOPEC Group's market reached 34.37 billion yuan, up 3.0% year-on-year; domestic external market new contracts totaled 9.68 billion yuan, down 42.7% year-on-year; while overseas market new contracts amounted to 19.62 billion yuan, surging 71.8% year-on-year.