SINOPEC SSC (01033) Reports Q3 Earnings with Net Profit of RMB669 Million, Down 1% YoY

Stock News

2025/10/28

SINOPEC SSC (01033) announced its financial results for the first three quarters of 2025. The group recorded operating revenue of RMB55.163 billion, a year-on-year increase of 0.5%. Net profit attributable to shareholders of the listed company was RMB669 million, down 1% YoY, with basic earnings per share of RMB0.035.

During the reporting period, the company focused on enhancing its engineering and technical service capabilities and strengthening win-win cooperation with oil companies. Market development progressed steadily, with cumulative new contract value reaching RMB82.21 billion, up 9.5% YoY.

Breakdown of new contracts: - SINOPEC Group market: RMB42.22 billion (+5.9% YoY) - Domestic external market: RMB13.72 billion (-27.8% YoY) - Overseas market: RMB26.28 billion (+62.0% YoY)

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