China Petroleum & Chemical Corporation (0386.HK)

Revenue rose 6.1% to roughly CNY 714.8 billion, while net income fell 10.1% to about CNY 8.8 billion, based on preliminary results for SINOPEC’s second fiscal quarter of 2026 that were reported August 21, 2026. The quarter’s top-line growth came against a backdrop of the group’s integrated operations across exploration and production, refining, marketing and distribution, and chemicals, with gross profit of about CNY 86.1 billion translating to a gross margin of ~12.0%. Adjusted EPS was CNY 0.09, and net income was down from about CNY 9.8 billion a year ago as revenue increased from roughly CNY 673.7 billion. On cash generation and shareholder returns, operating cash flow came in at about CNY 68.1 billion and the company paid roughly CNY 13.5 billion in dividends. For the next period, consensus calls for EPS of CNY 0.04.