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Shanghai Petrochemical Co., Ltd. (00338): Plans to launch financial derivatives business in 2023
According to the Zhitong Finance App, Shanghai Petrochemical Co., Ltd. (00338) issued an announcement. In order to lock in costs or profits, cope with market changes, and hedge risks, the company plans to carry out monetary financial derivatives preservation plans with banks and financial institutions to carry out commodity financial derivatives preservation plans using a proxy model. Among them, the planned trading volume for commodity financial derivatives is 3 million tons of refined oil products and other refined oil products and 1.78 million tons of exports in 2023; the planned transaction amount for monetary financial derivatives is estimated to be 200 million US dollars. It is proposed to use financial instruments such as forward settlement of foreign exchange and swaps.
Shanghai Petrochemical Co., Ltd.: 2022 Annual Results Announcement
Shanghai Petrochemical (600688.SH) announced 2022 results with a net loss of 2,872 million yuan, moving from profit to loss year-on-year
According to the Zhitong Finance App, Shanghai Petrochemical (600688.SH) revealed its 2022 annual report. The group achieved annual revenue of 82,518 billion yuan (RMB, same below), a year-on-year decrease of 7.57%. Net loss attributable to shareholders of the parent company was 2,872 million yuan, and net loss attributable to shareholders of the parent company after deducting non-recurring profit and loss was 2,791 million yuan, a year-on-year shift from profit to loss. During the reporting period, the group's sales of synthetic fibers, resins and plastics, intermediate petrochemicals and petroleum products decreased by 78.02%, 29.13%, 22.37% and 28.35, respectively, compared with the previous year
Shanghai Petrochemical (600688.SH): Net loss of 2,872 million yuan in 2022 turned profit into loss year-on-year
Gelonghui, March 22, 丨 Shanghai Petrochemical (600688.SH) announced its 2022 annual report. In 2022, the company achieved operating income of 82,518 billion yuan, down 7.57% from the previous year; net loss attributable to shareholders of the parent company was 2,872 million yuan, net loss after deducting non-recurring profit and loss; net loss attributable to shareholders of the parent company after deducting non-recurring profit and loss; and a basic loss of 0.265 yuan per share.
Shanghai Petrochemical: Net loss of 2,872 billion yuan in 2022
Shanghai Petrochemical Co., Ltd. (00338.HK) plans to hold a board meeting on March 22 to approve annual results
Gelonghui, March 10, 丨 Shanghai Petrochemical Co., Ltd. (00338.HK) announced that the board of directors is hereby scheduled to hold a board meeting on March 22, 2023 (Wednesday) to review and approve the Group's annual results for publication and to handle other matters, including the proposed payment of a final dividend (if any).
Shanghai Petrochemical Co., Ltd.: Date of the board meeting
Shanghai Petrochemical Co., Ltd. (00338.HK) cancelled 245.28 million shares to repurchase shares on February 17
Gelonghui, Feb. 17丨Shanghai Petrochemical Co., Ltd. (00338.HK) issued an announcement to cancel 245.28 million repurchased shares on February 17, 2023.
Sinopec Shanghai Petrochemical's 2022 Diesel Production at 2.5 Million Tons
04:37 AM EST, 01/30/2023 (MT Newswires) -- Sinopec Shanghai Petrochemical's (HKG:0338, SHA:600688) 2022 diesel production reached 2.5 million tons, while sales volume also reached 2.5 million tons at
Sinopec Shanghai Petrochemical Expects Up to 3.18 Billion Yuan Loss in 2022; Shares Slip 6%
01:38 AM EST, 01/30/2023 (MT Newswires) -- Sinopec Shanghai Petrochemical (HKG:0338, SHA:600688) is expecting a net loss attributable to equity shareholders of 2.61 billion yuan to 3.18 billion yuan i
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