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Sinochem First Half of the Year Performance Hit Another Record High

Date:2018-08-01 Source:Sinochem Group

In 2018, Sinochem Group achieved a good start in its business performance. The semi-annual operating income exceeded RMB300 billion for the first time, reaching RMB 348.6 billion. Half-year profit exceeded RMB10 billion for the first time with total profit recording RMB11.85 billion, both hitting record highs. Company's EVA, total profit and assets turnover rate were all performing well in the assessment of the State-owned Assets Supervision and Administration Commission of the State Council. The five strategic business units’ main operating profit (EBITDA) exceeded budget progress.