Sinopec Engineering (Group) Co., Ltd. (SEG) and Sinopec Oilfield Service Corporation (SSC), both listed companies under Sinopec, have released their interim financial results for 2025 in Hong Kong SAR.
SEG, trading under stock code 2386, reported a revenue of RMB 31.559 billion for the first half of the year, reflecting a 10.1% increase compared to the same period last year. The company's net profit rose by 4.8% to RMB 1.388 billion. SEG also announced that newly secured contract value reached RMB 71.158 billion, marking a record high for this period with a year-on-year growth of 42.1%. The Board has approved an interim dividend distribution of RMB 0.160 per share, which is noted as the highest interim payout since SEG's listing.
SSC, with stock code 1033, posted increases in both net profit and revenue during the first half of the year. Net profit grew by 9% to reach RMB 490 million, while revenue increased slightly by 0.6% to RMB 37.05 billion. SSC’s accumulated value of newly signed contracts was reported at RMB 63.67 billion—a rise of 3.2% from last year—achieving its best performance for this period.
Looking ahead, Sinopec ListCos stated they will continue efforts to strengthen core competitiveness and support steady business growth.