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SEG announces 2019 interim results

2019-08-20     Source:

On 19 August, SINOPEC Engineering (Group) Co., Ltd. (“SEG”) announces its interim results for the six months ended 30 June 2019 (the “Reporting Period”) in Hong Kong. Yu Baocai, Vice President of Sinopec Group and Chairman of SEG, attended the press conference.

In the first half of 2019, facing the complicated and ever-changing marco situation at home and abroad, SEG has obtained good operation performance by making energetic efforts to develop domestic and overseas markets, strengthening its management and control of projects and improving the level of elaborate management. During the Reporting Period, SEG recognized a revenue of RMB22.682 billion, representing an increase of 23.7% on a period-on-period basis. SEG’s profits attributable to equity holders was RMB1.199 billion, representing an increase of 8.2% on a period-on-period basis. The Board recommended an interim dividend of RMB0.108 per share, representing an increase of 8% on a period-on-period basis and a dividend payout ratio of 40%.

In the second half of 2019, SEG will actively seize the opportunity, exert the advantages of collectivisation, integration and large scale, persistently enhance core competition advantage, propel sustainable and healthy development, optimise the overall management and the resources allocation.





  下半年,炼化工程集团将积极把握机遇,发挥集团化、一体化和规模化优势,优化资源配置,加强统筹管理,不断提升核心竞争力,推动企业持续健康发展。(郑 扬 刘菁荆)





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