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Sinopec Shanghai Petrochemical Co ( (HK:0338) ) just unveiled an update.
Sinopec Shanghai Petrochemical Company Limited announced its major operating data for the financial year 2024, highlighting both production and sales volumes across its range of products. The data revealed a notable increase in sales revenue for diesel and gasoline, although jet fuel sales volume significantly decreased. The announcement also included a comparison of average product prices from 2023 to 2024, showing fluctuations in price changes, with benzene seeing a substantial year-on-year increase while jet fuel prices dropped. These shifts in sales and pricing could influence the company’s market positioning and strategies going forward.
More about Sinopec Shanghai Petrochemical Co
Sinopec Shanghai Petrochemical Company Limited is a joint stock company in the People’s Republic of China, operating in the petrochemical industry. The company focuses on the production and sale of refined oil products such as diesel, gasoline, and jet fuel, as well as chemical products including PX, benzene, ethylene glycol, and polyethylene.
YTD Price Performance: 3.57%
Average Trading Volume: 38,131
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.28B
See more data about 0338 stock on TipRanks’ Stock Analysis page.
