You are here

Sinopec profit dips to lowest since '08

Hong Kong

CHINA Petroleum & Chemical Corp posted the lowest annual profit since the global financial crisis in 2008 as slumping crude oil prices took a toll on Asia's biggest refiner. Net income for 2014 at the company known as Sinopec dropped to 46.5 billion yuan (S$10.3 billion), or...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes