Sinopec Shanghai Petrochemical Co ( (HK:0338) ) has issued an announcement.
Sinopec Shanghai Petrochemical Company Limited has released its 2025 first quarterly report, indicating a challenging financial period. The company reported an 8.28% decrease in operating income compared to the previous year, and a net loss attributable to equity shareholders of RMB 89,839,000. Despite the negative financial indicators, the company managed to generate positive net cash flows from operating activities amounting to RMB 1,789,914,000. The report highlights the company’s commitment to transparency and accuracy in financial reporting, although the decrease in financial performance may impact its market positioning and stakeholder confidence.
More about Sinopec Shanghai Petrochemical Co
Sinopec Shanghai Petrochemical Company Limited is a joint-stock company incorporated in the People’s Republic of China, operating in the petrochemical industry. The company is involved in the production and sale of petrochemical products, with a focus on markets in Shanghai and Hong Kong.
YTD Price Performance: 7.86%
Average Trading Volume: 37,984
Technical Sentiment Signal: Hold
Current Market Cap: $3.83B
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