Sinopec Shanghai Petrochemical Co Ltd (600688.SS) Key Developments | Reuters.com
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Sinopec Shanghai Petrochemical Co Ltd (600688.SS)

600688.SS on Shanghai Stock Exchange

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24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Sinopec Shanghai Petrochemical expects 2016 Q1 net profit to rise
Thursday, 7 Apr 2016 08:00pm EDT 

Sinopec Shanghai Petrochemical Co Ltd:Says expects 2016 Q1 net profit of 1.04-1.2 billion yuan, to increase by 2000-2200 percent compared with 2015 Q1.Says 2015 Q1 net income was 52.2 million yuan.Comments that decreased procurement cost is the main reason for the forecast.  Full Article

Sinopec Shanghai Petrochemical announces 2015 dividend payment
Wednesday, 16 Mar 2016 08:00pm EDT 

Sinopec Shanghai Petrochemical Co Ltd:To pay cash dividend of 1 yuan per 10 shares (before tax) to shareholders for 2015.  Full Article

Sinopec Shanghai Petrochemical Co Ltd - One missing, six injured after Gabon oil field blast - Reuters News
Sunday, 13 Mar 2016 09:53am EDT 

Sinopec Shanghai Petrochemical Co Ltd:A worker for Sinopec's Addax Petroleum was missing after an oil tank exploded in Gabon, the company said on Sunday. - RTRS.Addax said the cause of the accident on Saturday, which occurred at the Obangue-East oil producing site, was unclear and that an investigation was underway.The accident injured six other people, who were flown to hospital in Port Gentil and Libreville with serious burns.Addax's two oilfields - Tsiengui and Obangue - produce about 22,000 barrels per day or about 10 percent of Gabon's total.  Full Article

Sinopec Shanghai Petrochemical gives 2015 net profit outlook above I/B/E/S estimate
Friday, 15 Jan 2016 07:00pm EST 

Sinopec Shanghai Petrochemical Co Ltd:Sees net profit for 2015 to be 3.14 bln yuan to 3.34 bln yuan.The net profit of 2014 was -716,427,000 yuan.2015 reported net profit of 2,983.55 million yuan – Thomson Reuters I/B/E/S.Comments that decreased oil price and increased investment income are the main reasons for the forecast.  Full Article

Sinopec Shanghai Petrochemical issues 2015 H1 net profit outlook
Wednesday, 8 Jul 2015 08:00pm EDT 

Sinopec Shanghai Petrochemical Co Ltd:Sees net profit for 2015 H1 to be 1,680 million yuan to 1,780 million yuan.Says the net profit of 2014 H1 was -164,911,000 yuan.Comments that decreased oil processing cost and investment income as the main reasons for the forecast.  Full Article

Sinopec Shanghai Petrochemical issues Q1 2015 net profit outlook
Wednesday, 8 Apr 2015 08:00pm EDT 

Sinopec Shanghai Petrochemical Co Ltd:Net profit for Q1 2015 to 40 mln yuan to 70 mln yuan.Net profit of Q1 2014 was x yuan.Comments that cost reduction, gross margin increase is the main reason for the forecast.  Full Article

Sinopec Shanghai Petrochemical Co Ltd does not recommend final distribution
Sunday, 22 Mar 2015 07:46am EDT 

Sinopec Shanghai Petrochemical Co Ltd:Says that directors did not recommend distribution of dividend for FY 2014 (2013: distributing cash dividend of 0.50 yuan (VAT inclusive) for every 10 shares to all shareholders).  Full Article

Sinopec Shanghai Petrochemical gives 2014 net profit outlook
Monday, 26 Jan 2015 07:00pm EST 

Sinopec Shanghai Petrochemical Co Ltd:Sees net profit for 2014 to be -650 mln yuan to -750 mln yuan.The net profit of 2013 was 2,003,545,000 yuan.Comments that sluggish of petrochemical industry as the main reason for the forecast.  Full Article

Sinopec Shanghai Petrochemical to sell stake in Shanghai-based company to subsidiary
Wednesday, 29 Oct 2014 08:00pm EDT 

Sinopec Shanghai Petrochemical Co Ltd:To sell 50 pct stake in a Shanghai-based gas company to a Shanghai-based investment and development subsidiary, at undetermined transaction price.  Full Article

Sinopec Shanghai Petrochemical Co Ltd does not proposes interim dividend
Thursday, 25 Sep 2014 06:52am EDT 

Sinopec Shanghai Petrochemical Co Ltd:Says board did not propose the payment of an interim dividend for the period ended June 30, 2014.  Full Article