Sinopec Shanghai Company profile
About Sinopec Shanghai Petrochemical Co Ltd
Sinopec Shanghai Petrochemical Company Limited (Shanghai Petrochemical) is a petrochemical company. The Company and its subsidiaries are principally engaged in processing crude oil into synthetic fibers, resins and plastics, intermediate petrochemicals and petroleum products. The Company operates in five operating segments. The synthetic fibres segment produces polyester and acrylic fibers, which are used in the textile and apparel industries. The resins and plastics segment produces polyester chips, polyethylene resins and films, polypropylene resins and polyvinyl alcohol (PVA) granules. The intermediate petrochemicals segment produces p-xylene, benzene and ethylene oxide. The petroleum products segment is equipped with crude oil distillation facilities used to produce vacuum and atmospheric gas oils used as feedstock of the Company's downstream processing facilities. The trading of petrochemical products segment is engaged in importing and exporting of petrochemical products.
Financial summary
BRIEF: For the six months ended 30 June 2021, Sinopec Shanghai Petrochemical Co Ltd revenues increased 6% to RMB31.64B. Net income totaled RMB1.28B vs. loss of RMB1.67B. Revenues reflect Petroleum Products segment increase of 10% to RMB22.42B, Resins and Plastics segment increase of 5% to RMB4.67B, All Others segment increase of 10% to RMB362.8M, Eastern China segment increase of 13% to RMB32.33B.
Equity composition
10/2013, Scrip Issue, 5 new shares for every 10 shares held.
Latest shares articles
![](https://img.capital.com/imgs/articles/384x2000x0/1350x880_-HP-_Newsquawk-light_1.png)
![Lloyds share price forecast: An attractive dividend stock?](https://img.capital.com/imgs/articles/384x2000x0/Hero-image-bank_1.png)
![Exterior of Infosys headquarters](https://img.capital.com/imgs/articles/384x2000x0/shutterstock_2035197281_0_0.jpg)
![Tesla logo atop of a Tesla Dealership illuminated at night.](https://img.capital.com/imgs/articles/384x2000x0/shutterstock_1494516293_0.jpg)