BRIEF-China Petroleum & Chemical Says 2024 Net Profit Down 16.8% Y/Y Under China Accounting Standard

Reuters

03/23

March 23 (Reuters) - China Petroleum & Chemical 600028.SS:

0386.HK SAYS 2024 NET PROFIT DOWN 16.8% Y/Y UNDER CHINA ACCOUNTING STANDARD
SAYS 2024 NET PROFIT AT 50.3 BILLION YUAN ($6.94 billion) UNDER CHINA ACCOUNTING STANDARD
SAYS 2024 NET PROFIT AT 48.9 BILLION YUAN ($6.75 billion) UNDER IFRS
SAYS IT SETS ASIDE PROVISION FOR ASSET IMPAIRMENT FOR 7.2 BILLION YUAN ($993.30 million) IN 2024

Source text

Source text 2

Further company coverage: 600028.SS

($1 = 7.2486 Chinese yuan renminbi)

(Reporting by Beijing Newsroom)

((Xiuhao.Chen@thomsonreuters.com;))

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</span>China Petroleum &amp; Chemical <span>600028.SS</span>:</p><ul><li><p><span>0386.HK</span> SAYS 2024 NET PROFIT DOWN 16.8% Y/Y UNDER CHINA ACCOUNTING STANDARD</p></li><li><p>SAYS 2024 NET PROFIT AT 50.3 BILLION YUAN ($6.94 billion) UNDER CHINA ACCOUNTING STANDARD</p></li><li><p>SAYS 2024 NET PROFIT AT 48.9 BILLION YUAN ($6.75 billion) UNDER IFRS</p></li><li><p>SAYS IT SETS ASIDE PROVISION FOR ASSET IMPAIRMENT FOR 7.2 BILLION YUAN ($993.30 million) IN 2024</p></li></ul><p>Source text</p><p>Source text 2</p><p>Further company coverage: <span>600028.SS</span></p><p>($1 = 7.2486 Chinese yuan renminbi)</p><p> (Reporting by Beijing Newsroom)</p><p> ((Xiuhao.Chen@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-China Petroleum & Chemical Says 2024 Net Profit Down 16.8% Y/Y Under China Accounting Standard</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBRIEF-China Petroleum & Chemical Says 2024 Net Profit Down 16.8% Y/Y Under China Accounting Standard\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-03-23 15:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>BRIEF-China Petroleum &amp; Chemical Says 2024 Net Profit Down 16.8% Y/Y Under China Accounting Standard</title></head><body><p><span>March 23 (Reuters)</span><span> - </span>China Petroleum &amp; Chemical <span>600028.SS</span>:</p><ul><li><p><span>0386.HK</span> SAYS 2024 NET PROFIT DOWN 16.8% Y/Y UNDER CHINA ACCOUNTING STANDARD</p></li><li><p>SAYS 2024 NET PROFIT AT 50.3 BILLION YUAN ($6.94 billion) UNDER CHINA ACCOUNTING STANDARD</p></li><li><p>SAYS 2024 NET PROFIT AT 48.9 BILLION YUAN ($6.75 billion) UNDER IFRS</p></li><li><p>SAYS IT SETS ASIDE PROVISION FOR ASSET IMPAIRMENT FOR 7.2 BILLION YUAN ($993.30 million) IN 2024</p></li></ul><p>Source text</p><p>Source text 2</p><p>Further company coverage: <span>600028.SS</span></p><p>($1 = 7.2486 Chinese yuan renminbi)</p><p> (Reporting by Beijing Newsroom)</p><p> ((Xiuhao.Chen@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0651947912.USD","symbol_name":"BGF EMERGING MARKETS EQUITY INCOME \"A5G\" (USD) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250323:nL3N3Q600W:1","article_id":"2521275286","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2521275286","pubTimestamp":1742715628,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BRIEF-China Petroleum & Chemical Says 2024 Net Profit Down 16.8% Y/Y Under China Accounting StandardMarch 23  - China Petroleum & Chemical 600028.SS:0386.HK SAYS 2024 NET PROFIT DOWN 16.8% Y/Y UNDER CHINA ACCOUNTING STANDARDSAYS 2024 NET PROFIT AT 50.3 BILLION YUAN  UNDER CHINA ACCOUNTING STANDARDSAYS 2024 NET PROFIT AT 48.9 BILLION YUAN  UNDER IFRSSAYS IT SETS ASIDE PROVISION FOR ASSET IMPAIRMENT FOR 7.2 BILLION YUAN  IN 2024Source textSource text 2Further company coverage: 600028.SS  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"600028":"中国石化","LU0651947912.USD":"BGF EMERGING MARKETS EQUITY INCOME \"A5G\" (USD) INC","BK0183":"MSCI概念","BK0274":"油气开采","BK0188":"融资融券","BK0025":"油气改革","BK0012":"证金概念","LU0140636845.USD":"施罗德大中华区股票A Acc","LU0828237940.HKD":"SCHRODER ISF EMERGING ASIA \"A\" (HKD) ACC","BK0015":"沪股通50","BK1528":"石油股票概念","LU2097828474.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC A","BK0176":"可燃冰","BK0028":"国家队","LU0823426480.USD":"法巴中国股票经典Dis","BK1226":"综合性石油与天然气企业","LU1051769294.HKD":"BGF EMERGING MARKETS EQUITY INCOME \"A6\"(HKDHDG) INC","LU0823426308.USD":"法巴中国股票基金","LU1188198961.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) INC QV","LU0293314216.USD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"A\" (USD) ACC","LU0651946864.USD":"贝莱德新兴市场股票收益A2","LU0173614495.USD":"富达中国焦点A","LU0244354667.USD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" ACC","LU2097828805.USD":"AZ EQUITY CHINA \"A-AZ\" (USD) ACC","LU1051768304.USD":"贝莱德新兴市场股票收益A6","LU1580142542.USD":"Blackrock Systematic China A-Share Opportunities A2 USD","LU0359201612.USD":"贝莱德中国基金A2","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","LU1282651048.USD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"AMG\" (USD) INC","LU0348805143.USD":"ALLIANZ ENHANCED ALL CHINA EQUITY \"A\" (USD) INC","00386":"中国石油化工股份","LU0326950275.SGD":"Schroder ISF China Opportunities A Acc SGD-H","BK1562":"石化股","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","LU0181495838.USD":"施罗德新兴亚洲A Acc","LU1831875114.USD":"SCHRODER ISF ALL CHINA EQUITY \"A\" (USD) ACC","BK0196":"行业龙头","BK0000":"一带一路","LU1781817850.SGD":"Blackrock Systematic China A-Share Opportunities A2 SGD-H","BK0010":"央企","LU2097828557.USD":"AZ EQUITY CHINA \"A\" (USD) ACC","LU2097828631.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","BK1521":"挪威政府全球养老基金持仓","LU2097828714.EUR":"AZ EQUITY CHINA \"BAZ\" (EUR) ACC","LU0287142896.SGD":"Fidelity China Focus A-SGD","LU0821914370.USD":"贝莱德亚洲成长领袖A2","LU0463099449.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) ACC","LU0359201885.HKD":"BGF CHINA \"A2\" (HKD) ACC"},"translate_title":"简报-中国石油化工表示2024年中国会计准则下净利润同比下降16.8%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"600028":0.9,"00386":0.9},"content_text":"BRIEF-China Petroleum & Chemical Says 2024 Net Profit Down 16.8% Y/Y Under China Accounting StandardMarch 23 (Reuters) - China Petroleum & Chemical 600028.SS:0386.HK SAYS 2024 NET PROFIT DOWN 16.8% Y/Y UNDER CHINA ACCOUNTING STANDARDSAYS 2024 NET PROFIT AT 50.3 BILLION YUAN ($6.94 billion) UNDER CHINA ACCOUNTING STANDARDSAYS 2024 NET PROFIT AT 48.9 BILLION YUAN ($6.75 billion) UNDER IFRSSAYS IT SETS ASIDE PROVISION FOR ASSET IMPAIRMENT FOR 7.2 BILLION YUAN ($993.30 million) IN 2024Source textSource text 2Further company coverage: 600028.SS($1 = 7.2486 Chinese yuan renminbi) (Reporting by Beijing Newsroom) ((Xiuhao.Chen@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}