Sinopec 2025 Profit Slumps 37% as Energy Transition and Weak Margins Impact China’s Refining Giant

Tekedia | 23-03-2026 02:22pm |

China Petroleum & Chemical Corp reported a 36.8% drop in net profit for 2025. This result points to deeper structural strains facing refiners as fuel demand softens and margins come under sustained pressure. The company posted net income attributable to shareholders of 31.8 billion yuan ($4.62 billion), according to its Shanghai filing. The scale of

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