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<Research>JPM: SINOPEC CORP 4Q25 Results Miss; Costs Expected to Further Worsen This Yr
Recommend 8 Positive 8 Negative 7 |
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SINOPEC CORP (00386.HK) reported a net profit of RMB400 million for 4Q25, which missed the market's and the broker's forecasts of RMB6.3 billion and RMB3 billion, respectively, JPMorgan said in a research report. The dividend also fell short of expectations. Although the market had anticipated weaker quarterly results from SINOPEC, the underperformance confirmed that the company is facing challenges, said the broker. Freight and logistics costs were estimated to hike by USD3/ bbl QoQ, and the situation was expected to worsen further this year. AASTOCKS Financial News Website: www.aastocks.com |
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