Sinopec H1 Net Profit Up 19.3% to RMB25.63 Billion, Plans Dividend
Sinopec reported a 19.3% year-on-year increase in net profit attributable to shareholders for the first half of 2026, reaching RMB25.63 billion. Revenue rose 2% to RMB1.44 trillion. The company proposed a cash dividend of RMB0.105 per share, citing higher crude oil prices and improved margins for jet fuel and other products.
Sinopec released its interim report for 2026, showing first-half operating revenue of RMB1.44 trillion, up 2% year on year. Net profit attributable to shareholders of the listed company reached RMB25.63 billion, an increase of 19.3% from the same period last year. Basic earnings per share stood at RMB0.212.
The company proposed a cash dividend of RMB0.105 per share (pre-tax). During the reporting period, higher crude oil prices and improved spreads for jet fuel and other products drove the year-on-year profit growth.
Why this event matters
The event has a measured impact on 2 industrys. The strongest current signal is positive for Refining & Petrochemicals, with intensity 70/100 and 85% confidence over a short term horizon.
Refining & Petrochemicals
- Direction
- positive
- Intensity
- 70
- Confidence
- 85%
- Horizon
- Short term
Oil & Gas Exploration
- Direction
- positive
- Intensity
- 60
- Confidence
- 80%
- Horizon
- Short term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.