SINOPEC CORP (00386.HK) 1Q Net Profit RMB17.739 billion, Up 26.9% YoY

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SINOPEC CORP (00386.HK) -0.090 (-1.915%) Short selling $256.40M; Ratio 33.965% announced its first-quarter results. Revenue amounted to RMB706.695 billion, down 3.9% YoY. Net profit attributable to shareholders reached RMB17.739 billion, up 26.9% YoY, with EPS of RMB0.147.

Dividend History

Announce Date	Event	Particular
2026/03/22	Final	D:RMB 0.1120
2025/10/29	3rd Quarterly	No Dividend
2025/08/21	Interim	D:RMB 0.0880 (Equivalent to approximately HKD 0.0967)
2025/04/28	1st Quarterly	No Dividend

Under PRC accounting standards, net profit attributable to shareholders was RMB17.006 billion, up 28.2% YoY, with EPS of RMB0.141. Total profit amounted to RMB24.206 billion, up 32.6% YoY, mainly driven by inventory gains from rising crude oil prices and improved refining by-product margins.

Related News BofAS: SINOPEC CORP (00386.HK) 1Q26 Results In Line; Rating Buy
In the first quarter, the Groups oil and gas production reached 131 million barrels of oil equivalent, up 0.4%. Among which, crude oil production was 69.8 million barrels and natural gas production was 370 billion cubic feet. The exploration and production segment recorded EBIT of RMB13.047 billion. During the same period, the Group processed 62.02 million tonnes of crude oil and produced 38.06 million tonnes of refined oil products, up 2.3%, while the refining segment recorded EBIT of RMB18.936 billion. (de/d)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-30 16:25.)

This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

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