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Sinochem witnesses Rapid Business Growth in the First Half of This Year

Date:2005-08-11 Source:Sinochem Group
In the first half of this year Sinochem continued witnessing sound business performance. From January to June its sales increased by 35% and net profit grew by 23% over the same period of last year. According to statistics of the State-own Assets Supervision and Administration Commission, Sinochem's sales and total profit ranked No.1 among 34 state-owned commercial and trade companies, accounting for 32% and 25% of the total sales and profit of the 34 companies in the first half of this year.