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Sinopec Shanghai Petrochemical Co ( (HK:0338) ) has shared an announcement.
Sinopec Shanghai Petrochemical Company Limited reported its interim results for the first half of 2025, showing a significant decline in financial performance. The company experienced a 9.21% decrease in operating income compared to the previous year, and a substantial net loss attributable to equity shareholders, marking a challenging period for the company. Despite the losses, the company saw a notable increase in net cash flows generated from operating activities, indicating some operational resilience. This financial downturn may impact the company’s market positioning and stakeholder confidence.
The most recent analyst rating on (HK:0338) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Sinopec Shanghai Petrochemical Co stock, see the HK:0338 Stock Forecast page.
More about Sinopec Shanghai Petrochemical Co
Sinopec Shanghai Petrochemical Company Limited is a joint-stock limited company incorporated in China, operating in the petrochemical industry. The company is listed on both the Shanghai Stock Exchange and the Hong Kong Stock Exchange, and it focuses on the production and sale of petrochemical products.
Average Trading Volume: 16,671,101
Technical Sentiment Signal: Buy
Current Market Cap: HK$27.33B
For a thorough assessment of 0338 stock, go to TipRanks’ Stock Analysis page.