SINOPEC Engineering Reports 2025 Interim Results with Strong Overseas Growth

SINOPEC Engineering (Group) Co., Ltd. (SEG) reported its 2025 interim results, showcasing robust performance. Revenue for the first half of the year reached RMB 31.559 billion, a 10.1% increase from the previous year, while net profit rose by 4.8% to RMB 1.388 billion.

The company's technological innovation and engineering services strengthened its position in the market. A notable achievement was the signing of significant EPC contracts both domestically and internationally, boosting new contract values by 42.1% year-on-year to RMB 71.158 billion. Overseas contracts, particularly in regions like Algeria and Saudi Arabia, saw an 82.7% increase, underscoring SEG's focus on global expansion.

Looking forward, SEG plans to capitalize on new energy opportunities, enhance project management for better profitability, and focus on AI and digital solutions. An interim dividend of RMB 0.160 per share was announced as part of maximizing shareholder returns.