Sinopec’s 2022 net profit falls 6.9% as COVID curbs hit fuel, chemicals demand

SINGAPORE, March 26 (Reuters) - China Petroleum & Chemical Corp (600028.SS), better known as Sinopec Corp, recorded a 6.9% decline in net income for 2022, as Chinese fuel demand was hit by Beijing's COVID-19 control measures and consumption of petrochemicals also weakened. Net profit last year … Source