Sinopec Shanghai Petrochemical Expects Up to RMB1.58 Billion Net Loss for 2025
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Sinopec Shanghai Petrochemical Company Limited has warned of a potential net loss of approximately RMB 1.29 billion to RMB 1.58 billion for its 2025 annual results. The company attributes this decline to reduced gross profit from main products, influenced by falling international crude oil prices and weak market demand, along with lower product volume due to production facility overhauls in Q4. This downturn is expected to significantly impact the company's business performance.
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