Sinopec Engineering Group 2026 Interim Profit Down 18% to RMB 1.137 Billion, Revenue Up 12.67%

Sinopec Engineering Group announced its interim results for the six months ended June 30, 2026. Profit attributable to shareholders was RMB 1.137 billion, down 18% year-on-year, with earnings per share of RMB 0.26. The company declared an interim dividend of RMB 0.127 per share. Revenue for the period reached RMB 35.624 billion, up 12.67% year-on-year.

The company said it will extend to the front end of the engineering industry chain and the high end of the value chain, enhancing high-end service capabilities in consulting, FEED, and detailed design. Leveraging the integrated advantages of the full industry chain, it aims to create value for clients through full-lifecycle integrated solutions, building a market development pattern with a stable traditional core business, continuous new growth drivers, and coordinated domestic and overseas operations. In the domestic market, the company plans to seize opportunities in coal-to-oil and gas, refining and chemical upgrading, and new materials, expand into the new energy sector, and steadily increase market share. In overseas markets, it will deepen its presence in advantageous regions such as the Middle East, Central Asia, and North Africa, expand into emerging markets, and accelerate its extension into low-carbon new tracks including green hydrogen, green ammonia, and sustainable aviation fuel (SAF), promoting both volume and quality growth in international business. For emerging businesses, the company will continue to focus on new chemical materials, green hydrogen-ammonia-methanol, biomass energy, inorganic chemicals, and energy conservation and environmental protection, building a diversified second growth curve.