Sinopec H1 2026 net profit up 19.3% YoY, revenue rises 2%

China Petroleum & Chemical Corp (Sinopec) posted a 19.3% year-on-year increase in net profit attributable to parent shareholders for the first half of 2026, reaching 25.627 billion yuan, compared with 21.483 billion yuan in the same period of 2025. Revenue for January-June 2026 rose 2.0% year on year to 1.44 trillion yuan, while net profit excluding non-recurring items climbed 19.1% to 25.273 billion yuan. The company proposed an interim cash dividend of 0.105 yuan per share (tax included) for the first half of 2026.

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