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China Petroleum & Chemical Corporation

SNPTY•PNK
Energy
Oil & Gas Integrated
$46.17
$1.06(2.36%)
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The company's financials show resilient growth, with revenue advancing from $724.10B in Q1 2024 to $722.78B in Q3 2024. Gross profit remained healthy with margins at 6% in Q3 2024 compared to 8% in Q1 2024. Operating income hit $7.90B last quarter, sustaining a consistent 1% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $14.71B. Net income dropped to $8.54B, while earnings per share reached $0.07. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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