China fuel demand boosts Sinopec profit, record dividend planned

China’s Sinopec, the world’s largest oil refiner, said its annual profit for 2017 grew 10 percent due to strength in its key fuels and chemical operations, and announced a record dividend payout. The company’s Hong Kong-listed shares climbed more than three percent on Monday following the earnings announcement, and were up 2.88 percent at HK$6.78 in…

Print Friendly, PDF & Email


Subscribe to our mailing list

* indicates required

Opt of of ocassional 3rd party offers

Congrats! We have a limited time offer for loyal readers like yourself.

Sign up today and get three months free if you select yearly subscription

Use coupon code 3monthsfreeconfidential at checkout

Limited time offer only expires 3/31/2019 or next 30 subscribers whichever comes first – please do not share this discount with others