SINOPEC SEG (02386) announced its interim results for 2025, reporting revenue of RMB 315.59 billion, representing a year-on-year increase of 10.1%. Gross profit reached RMB 25.99 billion, up 3.6% compared to the same period last year. Profit attributable to shareholders totaled RMB 13.84 billion, marking a 4.8% year-on-year growth. Basic earnings per share stood at RMB 0.32, and the company proposed an interim dividend of RMB 0.16 per share.

According to the announcement, the revenue increase was primarily driven by major projects including Huajin, Mango Ethylene, Jihua's transformation and upgrading, and Saudi Arabia's Riyas project entering construction or settlement peak periods.

During the reporting period, the group continued to advance technological innovation, with newly signed contracts for technology development, licensing, and commercialization reaching RMB 7.2 billion, demonstrating sustained improvement in research and development capabilities. The technology-leading advantages drove steady growth in upstream business and EPC business revenue, with their proportion continuing to rise. The ongoing improvement in revenue structure enabled the company to maintain strong profitability resilience amid intense market competition.

For the reporting period, the group secured new contract signings worth RMB 71.158 billion, representing a 42.1% year-on-year increase. As of the end of the reporting period, the group's outstanding contracts totaled RMB 2,122.76 billion, up 22.9% from December 31, 2024, providing coverage of approximately 3.3 times compared to the full-year 2024 revenue of RMB 64.198 billion.