摘要
China Petroleum and Chemical Corporation (Sinopec) announced in late April that its net profit in the first quarter of 2009 rose 85.1 percent year on year, because of lower international crude oil prices and adjusted refined oil prices on the domestic market. The net profit totaled 11.219 billion yuan (US$1.64 billion) in the
China Petroleum and Chemical Corporation （Sinopec） announced in late April that its net profit in the first quarter of 2009 rose 85,1 percent year on year, because of lower international crude oil prices and adjusted refined oil prices on the domestic market. The net profit totaled 11.219 billion yuan （US$1.64 billion） in the first quarter, due to the country＇s adjusted refined oil pricing mechanism since the beginning of this year.
