Sinopec Shanghai Petrochemical earnings preview: what to expect

Markets Insider Automation
Apr. 23, 2024, 09:01 AM
  • Sinopec Shanghai Petrochemical will release earnings for the most recent quarter on April 24.
  • Analysts predict earnings per share of CNY 0.026.
  • Go here to watch Sinopec Shanghai Petrochemical stock price in real-time on Markets Insider.

On April 24, Sinopec Shanghai Petrochemical reveals figures for the most recent quarter.

1 analyst is predicting earnings of CNY 0.026 per share as opposed to losses of CNY 0.015 per share in the same quarter of the previous year.

Wall Street analysts are expecting sales to increase 1.16% compared to the prior year quarter. The company is expected to report CNY 22.23 billion.

For the fiscal year, analysts expect a profit per share of CNY 0.049, compared to CNY -0.130 in the same period last year. Sales estimates average CNY 93.98 billion, after the previous year saw CNY 68.94 billion.

This story was written by Markets Insider's RoboEddy, which automatically writes these stories based on data provided by our partners.

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