[Sinopec] Announcement of the Board of Directors' Resolution on the Consolidated Financial Report for the First Quarter of 2026
Sinopec announced its consolidated financial report for Q1 2026 (January 1 to March 31, 2026). Due to fluctuations in raw material prices caused by the US-Iran war, the company recorded an operating loss of NTD 647,288 thousand, partially offset by fair value adjustment gains on investment properties.
📋 Article Processing Timeline
- 📰 Published: May 13, 2026 at 09:00
- 🔍 Collected: May 14, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 14, 2026 at 08:48 (47 min after Collected)
1. Date of report submitted to or resolved by the Board of Directors: 2026/05/13
2. Date of approval by the Audit Committee: 2026/05/13
3. Reporting period of financial report or annual self-reported financial information: 2026/01/01~2026/03/31
4. Cumulative operating revenue from January 1 to the current period (in thousands NTD): 4,092,344
5. Cumulative operating gross profit (loss) from January 1 to the current period (in thousands NTD): (291,527)
6. Cumulative operating profit (loss) from January 1 to the current period (in thousands NTD): (647,288)
7. Cumulative pre-tax net profit (loss) from January 1 to the current period (in thousands NTD): (263,196)
8. Cumulative net profit (loss) for the current period from January 1 to the current period (in thousands NTD): (267,304)
9. Cumulative net profit (loss) attributable to owners of the parent company from January 1 to the current period (in thousands NTD): (263,381)
10. Cumulative basic earnings per share (loss) from January 1 to the current period (NTD): (0.07)
11. Total assets at the end of the period (in thousands NTD): 128,112,754
12. Total liabilities at the end of the period (in thousands NTD): 51,812,243
13. Equity attributable to owners of the parent company at the end of the period (in thousands NTD): 76,248,003
14. Other matters to be specified:
1. In the first quarter, due to fluctuations in raw materials caused by the US-Iran war, the cumulative operating profit (loss) from January 1 to the current period was NTD (647,288) thousand.
2. The main items of non-operating income and expenses for the current period were fair value adjustment gains on investment properties of NTD 250,122 thousand, financial costs of NTD (182,922) thousand, and investment gains/losses under the equity method of NTD 229,376 thousand.
2. Date of approval by the Audit Committee: 2026/05/13
3. Reporting period of financial report or annual self-reported financial information: 2026/01/01~2026/03/31
4. Cumulative operating revenue from January 1 to the current period (in thousands NTD): 4,092,344
5. Cumulative operating gross profit (loss) from January 1 to the current period (in thousands NTD): (291,527)
6. Cumulative operating profit (loss) from January 1 to the current period (in thousands NTD): (647,288)
7. Cumulative pre-tax net profit (loss) from January 1 to the current period (in thousands NTD): (263,196)
8. Cumulative net profit (loss) for the current period from January 1 to the current period (in thousands NTD): (267,304)
9. Cumulative net profit (loss) attributable to owners of the parent company from January 1 to the current period (in thousands NTD): (263,381)
10. Cumulative basic earnings per share (loss) from January 1 to the current period (NTD): (0.07)
11. Total assets at the end of the period (in thousands NTD): 128,112,754
12. Total liabilities at the end of the period (in thousands NTD): 51,812,243
13. Equity attributable to owners of the parent company at the end of the period (in thousands NTD): 76,248,003
14. Other matters to be specified:
1. In the first quarter, due to fluctuations in raw materials caused by the US-Iran war, the cumulative operating profit (loss) from January 1 to the current period was NTD (647,288) thousand.
2. The main items of non-operating income and expenses for the current period were fair value adjustment gains on investment properties of NTD 250,122 thousand, financial costs of NTD (182,922) thousand, and investment gains/losses under the equity method of NTD 229,376 thousand.