Shanghai Petrochemical announced that revenue for the first half of 2026 was 38.992 billion yuan, a year-on-year decrease of 1.34%. Net profit attributable to shareholders of the parent company was 300 million yuan, with a loss of 462 million yuan in the same period last year, turning a loss into a profit. Net profit after deducting non-recurring profit and loss was $304 million, and loss was $439 million for the same period last year. The company will not distribute profits for the 2026 semi-annual period, nor will it implement a capital increase from the Capital Provident Fund.

Zhitongcaijing · 2d ago
Shanghai Petrochemical announced that revenue for the first half of 2026 was 38.992 billion yuan, a year-on-year decrease of 1.34%. Net profit attributable to shareholders of the parent company was 300 million yuan, with a loss of 462 million yuan in the same period last year, turning a loss into a profit. Net profit after deducting non-recurring profit and loss was $304 million, and loss was $439 million for the same period last year. The company will not distribute profits for the 2026 semi-annual period, nor will it implement a capital increase from the Capital Provident Fund.