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Sinopec Reports Huge Increase in Revenues, Chemicals Operating Profit is Down

2:50 AM MDT | August 23, 2010 | Natasha Alperowicz

Sinopec reported a 75.4% increase in operating income to Rmb936.5 billion ($137.9 billion) in its interim results covering the first six months of this year. Net profit attributable to equity holders was up 6.7% at Rmb35.5 billion. "The Chinese economy...

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