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sinopec engineering group-h (2386) Details

SINOPEC Engineering (Group) Co., Ltd. and its subsidiaries operate as an oil refining, petrochemical, and new coal chemical engineering company in the People’s Republic of China. It provides engineering services for a range of industries, including oil refining, petrochemicals, new coal chemicals, inorganic chemicals, pharmaceutical chemicals, and clean energy. The company operates in four segments: Engineering, Consulting and Licensing; EPC Contracting; Construction; and Equipment manufacturing. The Engineering, Consulting and Licensing segment provides design, consulting, research and development, feasibility studies, and compliance certification services. The EPC Contracting segment offers integrated engineering, procurement, construction, maintenance, and project management services. The Construction segment provides 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 offers technology development and consulting; market consulting agency; equipment installation and leasing; construction and project supervision; and technical services, as well as medicine, pesticide, and petrochemical design, research, and consulting services. In addition, it is engaged in oil production and inspection; environmental protection and public facilities investments; and petrochemical equipment design, manufacturing, and installation service activities. SINOPEC Engineering (Group) Co., Ltd. is based in Beijing, the People’s Republic of China.

18,926 Employees
Last Reported Date: 08/17/14

sinopec engineering group-h (2386) Top Compensated Officers

Employee Representative Supervisor
Total Annual Compensation: CNY548.0K
Chairman of the Supervisory Committee
Total Annual Compensation: CNY540.0K
Employee Representative Supervisor
Total Annual Compensation: CNY418.0K
Employee Representative Supervisor
Total Annual Compensation: CNY383.0K
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

sinopec engineering group-h (2386) Key Developments

Sinopec Engineering (Group) Co., Ltd. Reports Consolidated Earnings Results for the Six Months Ended June 30, 2014

Sinopec Engineering (Group) Co., Ltd. reported consolidated earnings results for the six months ended June 30, 2014. For the period, the company reported revenue of RMB 22,649,791,000 against RMB 19,645,416,000 a year ago. Operating profit was RMB 2,232,326,000 against RMB 2,821,410,000 a year ago. Profit before taxation was RMB 2,484,611,000 against RMB 2,930,287,000 a year ago. Net profit attributable to shareholders of the company was RMB 1,877,478,000 or RMB 0.42 per basic and diluted share against RMB 2,214,134,000 or RMB 0.66 per basic and diluted share a year ago. Net cash flow used in operating activities was RMB 346,241,000 or RMB 0.08 per share against RMB 905,213,000 or RMB 0.27 per share a year ago. Return on assets was 3.94% against 5.24% a year ago. Return on equity was 8.57% against 11.12% a year ago. Return on invested capital was 8.70% against 11.24% a year ago. Purchase of property, plant and equipment RMB 160,098,000 against RMB 148,101,000 a year ago. The revenue of the Group increased by 15.3% from RMB 19.645 billion for the six months ended June 30, 2013 to RMB 22.650 billion for the six months ended June 30, 2014. The increase was mainly due to a relatively large workload completion during the Reporting Period in a number of large EPC Contracting projects, such as Yuanba Natural Gas Purification Project, Sinochem Quanzhou Project, Yulin Coal Chemical Project, Shandong LNG Tankage Project, Shijiazhuang Oil Refining and Chemical Project, ZhongTianHeChuang Coal Chemical Project, and U.S. JUMBO PTA and PET Project.

SINOPEC Engineering Wins USD 1.33 Billion Order from Malaysia

SINOPEC Engineering (Group) Co. won an oil refining and chemical integration project contract from PRPC under Petronas. The project is located in Johore, Malaysia and total contractual value is about USD 1.33 billion, or about HKD 10.3 billion.

Sinopec Engineering (Group) Co., Ltd. to Report First Half, 2014 Results on Aug 15, 2014

Sinopec Engineering (Group) Co., Ltd. announced that they will report first half, 2014 results on Aug 15, 2014


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