China's Sinopec records first quarterly loss since at least fourth-quarter 2015 [Reuters]
China Petroleum & Chemical Corporation (SNP)
US:NYSE Investor Relations:
cnpc.com.cn/en
Company Research
Source: Reuters
China's Sinopec records first quarterly loss since at least fourth-quarter 2015 BEIJING/SINGAPORE (Reuters) - China Petroleum & Chemical Corp (Sinopec) ( 600028.SS ) ( 0386.HK ) recorded a 19.15 billion yuan ($2.71 billion) net loss in first-quarter earnings, as the coronavirus pandemic walloped fuel consumption and led to collapsing oil prices. It was the first quarterly loss posted by the listed branch of Asia’s largest refiner since at least the fourth quarter in 2015, according to Refinitiv Eikon’s records. The loss compared with net profits in the first quarter of 2019 of 14.76 billion yuan and 14.31 billion yuan in the forth quarter last year. Sinopec said its refinery throughput fell 13% year-on-year to 53.74 million tonnes, or about 4.31 million barrels per day (bpd), as the coronavirus curtailed demand for refined oil products. Its oil refining sector suffered a 25.8 billion yuan loss in the first three months of 2020. The company said last month it expected lower refinin
Show less
Read more
Impact Snapshot
Event Time:
SNP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SNP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SNP alerts
High impacting China Petroleum & Chemical Corporation news events
Weekly update
A roundup of the hottest topics