Shanghai PEChem (00338.HK) announced its first half-year results, with rbob gasoline production of 1.6657 million tons, up 3.8% YoY; sales volume of 1.6667 million tons, up 5.8% YoY; and revenue of CNY 14.525 billion, up 11.5%. The average price per ton increased by 5.4% YoY to CNY 8715.
During the period, diesel production was 1.3867 million tons, down 24.9%; sales volume was 1.3616 million tons, down 25.6%; and sales revenue was CNY 9.431 billion, down 20%. The average price per ton increased by 7.6% YoY to CNY 6927.