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sinopec engineering group-h (2386) Details

SINOPEC Engineering (Group) Co., Ltd., together with its subsidiaries, operates as an oil refining, petrochemical, and new coal chemical engineering company primarily in the People’s Republic of China. The company provides engineering services for a range of industries, including oil refining, petrochemicals, new coal chemicals, inorganic chemicals, pharmaceutical chemicals, and clean energy, storage and transportation engineering, environmental protection, and energy saving. It operates through four segments: Engineering, Consulting, and Licensing; EPC Contracting; Construction; and Equipment manufacturing. The Engineering, Consulting, and Licensing segment offers design, consulting, research and development, feasibility studies, and compliance certification services. The EPC Contracting segment provides integrated engineering, procurement, construction, maintenance, and project management services. The Construction segment offers infrastructure for oil refining and chemical industries, oil and gas storage, pipelines transportation, construction, renovation, expansion, repair and maintenance services, and large equipment lifting, as well as transportation services in construction projects. The Equipment manufacturing segment designs, develops, manufactures, and sells oil refining equipment and spare parts for oil refining and chemical facilities. The company also provides technical, technology development, technical consulting, market consulting agency, equipment installation and leasing, and engineering and project supervision, as well as medicine, pesticide, chemical research, and petrochemical design and consulting services. In addition, it engages in oil production and inspection; environmental protection and public facilities investments; and petrochemical equipment installation activities. The company is headquartered in Beijing, the People’s Republic of China. SINOPEC Engineering (Group) Co., Ltd. is a subsidiary of China Petrochemical Corporation.

19,364 Employees
Last Reported Date: 08/22/16

sinopec engineering group-h (2386) Top Compensated Officers

President, Executive Director and Member of S...
Total Annual Compensation: CNY692.0K
Executive Director and Member of Strategy & D...
Total Annual Compensation: CNY669.0K
Executive Director and Member of Strategy & D...
Total Annual Compensation: CNY563.0K
Compensation as of Fiscal Year 2015.

sinopec engineering group-h (2386) Key Developments

Sinopec Engineering (Group) Co., Ltd. Announces Board Changes

Sinopec Engineering (Group) Co., Ltd. board of directors announced that the board was notified by Mr. ZHANG Jianhua of his resignation as a non-executive director of the company, the chairman of the board and the chairman of the nomination committee of the board in consideration of his job adjustment. Mr. ZHANG Jianhua, the executive director of the company and the vice chairman of the board, Mr. LU Dong, will perform the duties of the chairman of the board on behalf of Mr. ZHANG Jianhua, until the appointment of a new director is approved at shareholders’ meeting of the company.

Sinopec Engineering (Group) Co., Ltd. Recommends to Declare the Interim Dividends for the Year Ending December 31, 2016

Sinopec Engineering (Group) Co., Ltd. announced the Directors recommended to declare the interim dividends for the year ending 31 December 2016 of RMB 0.072 (2015: RMB 0.114) per share totaling RMB 318,816,000 (2015: RMB 504,792,000).

Sinopec Engineering (Group) Co., Ltd. Reports Audited Consolidated Earnings Results for the Six Months Ended June 30, 2016

Sinopec Engineering (Group) Co., Ltd. reported audited consolidated earnings results for the six months ended June 30, 2016. For the period, the company reported revenue of RMB 17,734,811,000 against RMB 20,905,016,000 a year ago. Operating profit was RMB 1,159,354,000 against RMB 1,922,471,000 a year ago. Profit before taxation was 1,381,625,000 against RMB 2,118,858,000 a year ago. Net profit attributable to equity holders of the company was RMB 1,079,124,000 or RMB 0.24 per basic and diluted share against RMB 1,710,683,000 or RMB 0.39 per basic and diluted share a year ago. Net cash generated from operating activities was RMB 1,189,570,000 or RMB 0.27 per share against RMB 766,066,000 or RMB 0.17 per share a year ago. Return on equity was 4.3% compared to 7.2% a year ago. Return on assets was 1.9% compared to 3.2% a year ago.


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