China Petroleum Chemical Corporation.ppt

China Petroleum Chemical CorporationQ1-Q3 2007 Results Announcement Disclaimer Financial Position Marketing – Segment Performance Chemicals – Segment Performance Capital Expenditure Exploration and Production: RMB 30.807 billion. Newly built production capacity of crude oil and natural gas was 4.51 million tonnes per year and 0.985 billion cubic meters per year respectively Refining: RMB12.178 billion. The refinery revamping project in Yanshan completed; The refinery Projects in Qingdao, Luoyang, Wuhan, Gaoqiao and crude oil pier progressed smoothly Marketing : RMB 7.948 billion. Construction and acquisition of gas stations in key areas continued with 547 newly added stations, the marketing network got improved Chemicals: RMB 7.207 billion. Construction of Maoming ethylene expansion project, Shanghai glycol project and Yangzi-Jinpu styrene-butadiene rubber projects completed. Ethylene projects of Tianjin，Zhenhai and Fujian, as well as other projects proceeded on schedule. Corporate Others – RMB 1.770 billion For Further Information * * October 30, 2007 Beijing As required by the CSRC, financial statements of the first three quarters of Sinopec Corp. the “Company” were prepared under the PRC Accounting Standards for Business Enterprises. The Company has adjusted part of the financial data in accordance with the International Financial Reporting Standards hereby for the reference of international investors. Financial data of the first three quarters contained in the presentation and presentation materials are unaudited. This presentation and the presentation materials distributed herein include forward-looking statements. All statements, other than statements of historical facts, that address activities, events or developments that Sinopec Corp. expects or anticipates will or may occur in the future including but not limited to projections, targets, estimates and business plans are forward-looking statements. Sinopec Corp.s actual results or developments ma