China Petroleum & Chemical Corporation

HKSE 0386.HK

China Petroleum & Chemical Corporation Gross Profit for the year ending December 31, 2023: USD 90.35 B

China Petroleum & Chemical Corporation Gross Profit is USD 90.35 B for the year ending December 31, 2023, a 19.10% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • China Petroleum & Chemical Corporation Gross Profit for the year ending December 31, 2022 was USD 75.86 B, a -12.13% change year over year.
  • China Petroleum & Chemical Corporation Gross Profit for the year ending December 31, 2021 was USD 86.33 B, a 39.18% change year over year.
  • China Petroleum & Chemical Corporation Gross Profit for the year ending December 31, 2020 was USD 62.03 B, a -9.34% change year over year.
  • China Petroleum & Chemical Corporation Gross Profit for the year ending December 31, 2019 was USD 68.42 B, a -3.62% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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HKSE: 0386.HK

China Petroleum & Chemical Corporation

CEO Mr. Dong Zhao
IPO Date Oct. 19, 2000
Location China
Headquarters No. 22 Chaoyangmen North Street
Employees 368,009
Sector Energy
Industries
Description

China Petroleum & Chemical Corporation, an energy and chemical company, engages in the oil and gas and chemical operations in Mainland China, Singapore, and internationally. It operates through five segments: Exploration and Production, Refining, Marketing and Distribution, Chemicals, and Corporate and Others. The company explores and develops oil fields; produces crude oil and natural gas; processes and purifies crude oil; and manufactures and sells petroleum products. It also owns and operates oil depots and service stations; and distributes and sells refined petroleum products, including gasoline and diesel through wholesale and retail sales networks. In addition, the company manufactures and sells petrochemical and derivative petrochemical products; and other chemical products, such as basic organic chemicals, synthetic resins, synthetic fiber monomers and polymers, synthetic fibers, synthetic rubber, and chemical fertilizers. Further, it is involved in the exploration, production, and sale of petroleum and natural gas; production, storage, and sale of petrochemical and coal chemical products; import and export of petroleum products, natural gas, petrochemical, and chemical products; production and sale of catalyst products, lubricant base oil, polyester chips and fibers, plastics, and intermediate petrochemical products; research, development, production, and sale of ethylene and downstream byproducts; provision of geophysical exploration, drilling, survey, logging, downhole operational services, and construction services, as well as crude oil jetty services and natural gas pipeline transmission services; manufacturing production equipment; and coal chemical industry investment management activities. The company was incorporated in 2000 and is headquartered in Beijing, China. China Petroleum & Chemical Corporation is a subsidiary of China Petrochemical Corporation.

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StockViz Staff

January 15, 2025

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