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Sinopec Reports Profit Growth Amid Cash Flow Dip
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Sinopec Reports Profit Growth Amid Cash Flow Dip

Sinopec Oilfield Service (HK:1033) has released an update.

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Sinopec Oilfield Service Corporation has announced its interim financial results for the first half of 2024, revealing an increase in total equity by 8.7% and a 16% rise in profit attributable to equity shareholders over the previous year. Despite these gains, the company experienced a significant downturn in net cash generated from operating activities, which decreased by 145.1%. These interim results have been released on official financial platforms and the company’s website for investor perusal.

For further insights into HK:1033 stock, check out TipRanks’ Stock Analysis page.

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