Sinopec Shanghai Petrochemical Co ( (HK:0338) ) has shared an announcement.
Sinopec Shanghai Petrochemical Company Limited reported its major operating data for the first quarter of 2025, highlighting production and sales volumes alongside revenue figures. The company experienced a decrease in the average prices of several key products, such as diesel, gasoline, and jet fuel, compared to the previous year, which may impact its revenue and market positioning. However, some products like polyethylene and polypropylene saw slight price increases, indicating potential areas of resilience.
More about Sinopec Shanghai Petrochemical Co
Sinopec Shanghai Petrochemical Company Limited is a major player in the chemical industry, primarily engaged in the production and sale of refined oil products such as diesel, gasoline, and jet fuel, as well as various chemical products including PX, benzene, and polyethylene. The company operates within the People’s Republic of China and focuses on the petrochemical sector.
YTD Price Performance: 7.86%
Average Trading Volume: 37,984
Technical Sentiment Signal: Hold
Current Market Cap: $3.83B
See more insights into 0338 stock on TipRanks’ Stock Analysis page.