China’s Sinopec Q3 profit up 60 pct on year, but down from record Q2

31 October 2018, News Wires — Chinese oil and gas major Sinopec’s net profit rose to 18.38 billion yuan ($2.64 billion) in the third quarter, up 60 percent from a year earlier, on robust refining margins and improving earnings from crude oil and gas production. The figure was down, however, from a record high of 22.83 … More »