Sinopec Reports Drop in Profits on Slower Domestic and International Growth

11:13 AM | August 27, 2012 | Natasha Alperowicz

Sinopec announced a more than 30% drop in operating profit for the first six months of the year. Revenues were 9.3% up, at Rmb1,348.1 billion ($21.3 billion). Operating profit declined 31.4%, to...