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Sinochem Registered Great Performance in 2005

Date:2006-02-08 Source:Sinochem Group
In 2005, under the general background of world's economy's continuing growth and China's economic boom, Sinochem's strategic realignment make material progress and achieved glistering performance. According to the preliminary projection, Sinochem's sales revenues increased by 2% in 2005 on yearly basis, while the net profit jumped 20%, both record high.

Sinochem's financial result far exceeded the benchmark assigned by SASAC. Sinochem also realized its financial target three years ahead of the original schedule according to the initiative as "Rebuilding an Entirely New Sinochem in Five Years" which was raised in early 2004.