Wednesday, April 4, 2012

tera power leveling an increase of 9.4%. Annual reports also show - AIP

129773214418593750_1912011 oil refinery business operating loss of 34.8 billion yuan, oil refining margins to 39.3 Yuan/ton, up 2011 reduce Sinopec today 86.5% annual report. During the reporting period, the company $ 2.5056 trillion operating income, increased over the same period 31%; operating revenues of $ 105.5 billion, an increase of 0.5%. Achieved a net profit attributable to the shareholders of listed companies of 71.697 billion yuan, average profit of 196 million dollars.  1.4% increase over the same period, basic earnings per share of $ 0.827. Company says this is mainly attributable to continued growth in the domestic economy, increasing demand for petroleum and petrochemical products, company management has been expanding, with prices of crude oil, oil products and petrochemical productsThan rose.  Company scale and integration advantages into full play tera power leveling, efforts to expand the market, improve marketing and services, expanding market share and achieve better business performance. Results for the exploration and exploitation of three major sections tera gold, such as Sinopec, fengshengshuiqi annual report said that in 2011, the company achieved a turnover of 2.4638 trillion yuan, an increase of 31.3%. Largely due to this company productDevelop new markets, expand product sales volume, prices of crude oil, oil products and petrochemical products.  Exploration and mining Division, marketing and distribution Division three major plates and chemicals Division increased operating income. Annual report 2011 exploration and mining division operating income to 241.8 billion yuan, an increase of 29.2%, mainly due to theRising prices of crude oil, natural gas, and natural gas sales. In addition, in 2011 the Department of sales of 43 million tons of crude oil, up to reduce 2%; sales 12.99 billion cubic meters of natural gas, an increase of 17.5%. Average sales prices of crude oil to 4,526 Yuan/ton, an increase 32.9% gas average implementation1,284 Yuan/thousand cubic metres of sales prices, an increase of 9.4%. Annual reports also show, 2011 the Department of management fee is RMB 170.2 billion yuan, an increase of 21.6%. Mainly due to the rise in oil prices led to special petroleum proceeds rose 17.8 billion yuan; formation of oil and gas investment assets increased, leading to depreciation foldConsumption and amortization were up 3.9 billion RMB yuan, and so on.  2011 exploration and mining Division to seize the opportunity of high oil prices, operating revenues of $ 71.6 billion yuan, an increase of 51.9%. Marketing and distribution Division of petrol sales revenue to $ 399.5 billion yuan, an increase of 25.8% diesel sales income is RMB 6, 9$ 6.6 billion, an increase of 27.4%, and kerosene sales income is RMB $ 102.1 billion, an increase of 45.3%. Refining business loss of 34.8 billion yuan in China's annual report also shows that enterprise for oil refining business, including from third parties and buy crude oil exploration and mining Division, and processing crude oil into petroleum products, gasoline, diesel, kerosene, inside salesDepartment of marketing and distribution, part of inside sales to chemical raw material oil Chemicals Division, and other refined petroleum products from the refinery Division for export to domestic and foreign customers. Annual report says 2011 refining Division operating revenue of RMB 1.2121 trillion yuan, an increase of 24.8%. Is mainly attributable to higher product prices and Division actively expanding sales of products.However, 2011 due to rising international crude oil prices but prices of oil products from tight control, oil refining margins to 39.3 Yuan/ton, up to reduce 86.5%.  2011 oil refinery business operating loss of 34.8 billion yuan, 2010 achieved operating income of RMB $ 15.9 billion. In addition to refining losses, 2011 this part and other business operating loss of 2.6 billion yuan, up losses more 300 million Yuan. Trading company achieved operating income of RMB 700 million Yuan, scientific research tera gold, headquarters and donors operating loss of $ 3.3 billion yuan. Others:

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