SHANGHAI PECHEM (00338) releases first quarter results, with net profit attributable to shareholders of approximately 415 million yuan, returning to profit from loss on a year-on-year basis.
Shanghai Petrochemical Company Limited (00338) announced that in the first quarter of 2026, its operating income was approximately 17.662 billion yuan, a year-on-year decrease of 9.52%; net profit attributable to shareholders of the listed company was approximately 415 million yuan, turning losses into profits year-on-year; basic earnings per share were 0.039 yuan.
SHANGHAI PECHEM (00338) announced that in the first quarter of 2026, the operating income was approximately 17.62 billion yuan, a decrease of 9.52% year-on-year; the net profit attributable to shareholders of the listed company was approximately 415 million yuan, turning from a loss to a profit year-on-year; basic earnings per share was 0.039 yuan.
During the reporting period, the gross profit of refining products increased compared to the same period last year, leading to an increase in operating performance in this reporting period.
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