China Petroleum & Chemical Corporation reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was CNY 775,433 million compared to CNY 859,092 million a year ago. Revenue was CNY 790,410 million compared to CNY 876,259 million a year ago. Net income was CNY 8,031 million compared to CNY 17,938 million a year ago. Basic earnings per share from continuing operations was CNY 0.066 compared to CNY 0.15 a year ago. Diluted earnings per share from continuing operations was CNY 0.066 compared to CNY 0.15 a year ago.
For the nine months, sales was CNY 2,321,353 million compared to CNY 2,420,594 million a year ago. Revenue was CNY 2,366,541 million compared to CNY 2,469,941 million a year ago. Net income was CNY 45,110 million compared to CNY 54,060 million a year ago. Basic earnings per share from continuing operations was CNY 0.373 compared to CNY 0.451 a year ago. Diluted earnings per share from continuing operations was CNY 0.373 compared to CNY 0.451 a year ago.