Current SNP Stock Info

Sinopec announces FY 2014 results
China’s Oil major Sinopec (ticker: SNP) released its full-year 2014 results over the weekend, showing lower revenues despite continued growth in production. According to the company’s release, this was due to the dramatic fall in oil prices seen in the second half of 2014.

In accordance with the International Financial Reporting Standards (IFRS) 2014, the company’s turnover, other operating revenues and other income was $454.9 billion, down 1.9% year-over-year. Operating profit was $11.8 billion, down 24.1%...

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