Summary by Futu AI
CHINA PETROCHEMICAL CO., LTD. (“CHINA PETROCHEMICAL”) ISSUED ITS FIRST QUARTER REPORT FOR 2024 ON APRIL 28, 2024. THE REPORT SHOWED THAT CHINA PETROLEUM'S OPERATING INCOME FELL SLIGHTLY BY 0.2% TO RMB 789,967 MILLION FOR THE QUARTER, WHILE NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS OF ITS PARENT COMPANY FELL 8.9% TO RMB18,316 MILLION. Basic earnings per share decreased 8.9% year-on-year to RMB0.153. During the reporting period, China Petrochemical's total assets increased by 3.3% to RMB 2,094,106 million. The net of the non-ordinary loss items was RMB 156 million, and the non-ordinary loss affected the net profit of the shareholders of the parent company was RMB130 million. The report states that the Company's Board of Directors, Supervisors and Directors, Supervisors, and Senior Management ensure that the contents of the...Show More