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<Research>BofAS Keeps Buy on SINOPEC CORP With TP HKD6; 4Q25 Results in Line
Recommend 6 Positive 11 Negative 9 |
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SINOPEC CORP (00386.HK)'s 2025 net profit dropped by 34% YoY to RMB32.5 billion, implying a 4Q25 net profit of RMB411 million, down 89% YoY or 95% QoQ, in line with expectations, according to a report from BofA Securities. The weak performance in 4Q25 was attributable to increased inventory losses and year-end impairments. BofA Securities has kept a Buy rating on SINOPEC CORP and given it a target price of HKD6. AAStocks Financial News |
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