Bloomberg News

Sinopec Third Quarter Net 20.2 Bln Yuan; Estimate 20.8 Bln Yuan

By Guo Aibing
October 27, 2011

Oct. 27 (Bloomberg) -- China Petroleum & Chemical Corp., Asia’s biggest refiner, posted net income of 20.2 billion yuan in the third quarter, the company known as Sinopec said in a statement today. That compares with a mean profit estimate of 20.8 billion yuan in a survey of six analysts compiled by Bloomberg.

To contact the reporter on this story: Aibing Guo in Hong Kong at aguo10@bloomberg.net

To contact the editor responsible for this story: Amit Prakash at aprakash1@bloomberg.net

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