Sinopec total turnover increases in 2010

30 Mar '11

4 min read

All the aforementioned achievements in 2010 showcased the Company's accomplishment of all targets set for the 11th Five-Year Plan. Compared with 2005, the company's total turnover, other operating income and other revenues, increased by 129.8% to approximately RMB1,913.18 billion, total assets increased by 85.2% to RMB995.15 billion; total equity attributable to equity shareholders of the Company increased by 87.45% to RMB419.05 billion.

Over the past five years, crude production increased by 17.6% to 328 million barrels, natural gas production increased by 98.9% to 441.4 billion cubic feet; refinery throughput jumped from 140 million tonnes to 211 million tonnes, becoming the 2nd largest refiner globally; total sales of refined oil products went up 41.9% to 149 million tonnes with the Company's self-operated service stations increased to 29,601, which is now the world's 2nd largest network.

Ethylene production went up 70.3% to 9,059 thousand tonnes, ranked fourth across the globe. Cumulative corporate tax amounted to RMB705.7 billion, and cumulative dividend to shareholders reached RMB72.0 billion. Sinopec achieved multiple corporate development targets, contributed to the country, created value to shareholders, fulfilled social responsibilities and benefited its staff.

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