Shanghai Petrochemical Announces Results for Q1
October 27, 2010 8:00 AM
Sinopec Shanghai Petrochemical Company Limited (NYSE: SHI) announced today the unaudited operating results of the Company and its subsidiaries for the nine-month period ended September 30, 2010.
Under the China Accounting Standards for Business Enterprises, the Group's operating income for the Period amounted to RMB55.180 billion, representing an increase of 61.04% over the corresponding period of the previous year. Operating profit amounted to RMB2.271 billion (same period of 2009: RMB2.013 billion).
Net profit attributable to equity shareholders of the Company amounted to RMB1.792 billion, representing an increase of 16.50% over the corresponding period of the previous year. Basic earnings per share was RMB0.249 (same period of 2009: RMB0.214).
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