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China PSF operating rate rises, profit declines

Shandong (JLC), Jun 19, 2025--In the first half of 2025, the polyester staple fiber (PSF) industry showed an uptrend in operating rates, but profits declined significantly.

06-19-2025 16:05:00

CNOOC's net profit drops 7.9% in Q1 2025

Guangzhou (JLC), April 30, 2025--CNOOC's net profit fell by 7.9% year on year in the first quarter (Q1) of 2025 amid lower oil prices, according to the company's quarterly report released on April 29.

04-30-2025 18:51:59

PetroChina's net profit grows 2.3% in Q1 2025

Guangzhou (JLC), April 30, 2025--PetroChina's net profit attributable to its equity shareholders rose by 2.3% year on year in the first quarter (Q1) of 2025.

04-30-2025 18:46:06

Sinopec's net profit plunges 27.6% in Q1 2025

Guangzhou (JLC), April 29, 2025--Sinopec's net profit attributable to its shareholders slumped by 27.6% year on year in the first quarter (Q1) of 2025 when oil product demand dropped.

04-29-2025 15:24:04

China's industrial profits grow 0.8% in Q1 2025

Guangzhou (JLC), April 27, 2025--Profits of China's major industrial firms increased 0.8% year on year in the first quarter (Q1) of 2025, reversing a 0.3% decrease in the first two months, data from t

04-27-2025 14:31:58

PetroChina’s net profit sets new high in 2024

Guangzhou (JLC), March 31, 2025--PetroChina’s net profit attributable to its equity shareholders set a new high in 2024, mainly because of lower costs, despite slightly lower sales revenue.

03-31-2025 18:27:04

CNOOC's net profit surges 11.4% in 2024

Guangzhou (JLC), March 27, 2025--CNOOC’s net profit surged by 11.4% year on year in 2024 on the back of production growth and cost reduction, according to the company’s annual report released on March

03-27-2025 19:11:07

China's industrial profits down 0.3% in first two months

Guangzhou (JLC), March 27, 2025--Profits of China's major industrial firms decreased 0.3% year on year in the first two months of 2025, data from the National Bureau of Statistics (NBS) showed Thursda

03-27-2025 14:42:31

Sinopec's net profit slumps 16.8% in 2024

Guangzhou (JLC), March 24, 2025--Sinopec's net profit attributable to its shareholders plunged by 16.8% in 2024, mainly due to decreasing prices of most products and shrinking sales of some products.

03-24-2025 16:24:31

Profit in PP intermediary trading stays low in 2024

Shandong (JLC), February 20, 2025--Throughout 2024, the profit of the polypropylene (PP) intermediary trading segment remained notably low, trailing behind the overall level of 2023.

02-20-2025 17:39:26

China DOP industry gains more profits from Dec

Shandong (JLC), January 15, 2025--China DOP industry profits significantly improved starting from December 2024. The average profit in Shandong and East China regions was at CNY200-300/mt, which was b

01-15-2025 11:13:00

PetroChina reports a 5.3% drop in its net profits in Q3 2024

Guangzhou (JLC), October 30, 2024--PetroChina’s net profits attributable to its equity shareholders decreased by 5.3% in the third quarter (Q3) of this year, mainly because of a drop in its sales reve

10-30-2024 19:06:13

Sinopec’s net profit plunges 16.6% in first three quarters

Guangzhou (JLC), October 29, 2024--Sinopec’s net profit plummeted by 16.6% year on year in the first three quarters of 2024, reversing a 2.6% gain in the first half, mainly due to shrinking refining m

10-29-2024 15:42:21

Nov LDPE output to rise on higher profits

10-16-2024 16:46:43

China’s industrial profit growth slows in first eight months

Guangzhou (JLC), September 29, 2024--Profits of China's major industrial firms increased 0.5% year on year in the first eight months of 2024, slowing down from a 3.6% rise in the first seven months, d

09-29-2024 18:31:13

PetroChina posts growth in revenue and profit in H1 2024

Guangzhou (JLC), August 27, 2024 – PetroChina (SH:601857, HK:00857) posted a 5.0% growth in revenue in the first half (H1) of 2024, with the profit attributable to its shareholders gaining 3.9%.

08-27-2024 18:50:33

Sinopec reports 2.6% profit gain for H1 2024

Guangzhou (JLC), August 26, 2024 – Sinopec Corp. (SH:600028, HK:00386) saw a 2.6% gain in profit attributable to its shareholders in the first half (H1) of 2024, although its revenue dropped 1.1%.

08-26-2024 18:57:59

China's industrial profits up 3.5% in H1 2024

Guangzhou (JLC), July 29, 2024—Total profits of China's major industrial firms increased 3.5% year on year in the first six months of this year。

07-29-2024 18:30:52

Q2 EVA profit contraction drags down operating rate

Shandong (JLC), Jul 24, 2024—In Q2 2024, profits of EVA enterprises sharply contracted, plummeting by 69.2% compared to the same period last year.

07-24-2024 17:24:53

PE industry faces waning profits

Shandong (JLC), July 10, 2024—In the first half of 2024, China’s polyethylene (PE) industry saw profit squeeze, which led to declining rate of capacity utilization.

07-10-2024 16:39:58

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