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Sinopec Shanghai H1 net loss 372.77 mln yuan vs profit 1.76 bln - CAS

Wed. August 27, 2008; Posted: 07:59 PM
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BEIJING, Aug 28, 2008 (XFN-ASIA via COMTEX) -- SHI | Quote | Chart | News | PowerRating -- Sinopec Shanghai Petrochemical Co Ltd (HK 0338; SHA 600688; NYSE SHI | Quote | Chart | News | PowerRating) first half results under Chinese accounting standards:

Opg revenue - 32.91 bln yuan vs 26.88 bln

Net loss - 372.77 mln yuan vs profit 1.76 bln

Loss per share - 0.052 yuan vs EPS 0.244

NAV/share - 2.753 yuan

Return on net assets - minus 1.88 pct vs 8.33 pct

Results under international accounting standards:

Opg revenue - 32.87 bln yuan vs 26.82 bln

Net loss - 358.08 mln yuan vs 1.79 bln

Loss per share - 0.05 yuan vs EPS 0.248

(1 usd = 6.85 yuan)

zachary.wei@xfn.com

MMMM

For full details on Shanghai Petrochemical (SHI) click here. Shanghai Petrochemical (SHI) has Short Term PowerRatings of 4. Details on Shanghai Petrochemical (SHI) Short Term PowerRatings is available at This Link.

    


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