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

BEIJING, Aug 28, 2008 (XFN-ASIA via COMTEX) -- By Staff Reporter

Company: Sinopec Shanghai Petrochemical Co. Ltd. (SHI)

Sinopec Shanghai Petrochemical Co Ltd (HK 0338; SHA 600688; NYSE SHI) 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

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Copyright (C) 2008 Xinhua Financial News. All rights reserved

News Provided by COMTEX

Company: Sinopec Shanghai Petrochemical Co. Ltd. (SHI)


Related terms: accounting, eps, profit, revenue, shanghai, standards, yuan

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