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SINOCHEM CORP PROFITS SURGE IN FIRST HALF.(Financial report)

AsiaPulse News

| August 01, 2007 | COPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

BEIJING, Aug 1 Asia Pulse - Sinochem Corporation, one of the biggest oil companies in China, reported sound performance in the first half of this year.

According to announcement made by Sinochem on July 30, it fulfilled 56 per cent of the planned sales revenue for 2007, which increased 17 per cent year on year; and 80 per cent of the planned profits for the year, which jumped 71 per cent, and 89 per cent of the planned net profits, up 75 per cent.

The Shenzhen-listed Sinochem International ...

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