HK Stock Market Move | China Petroleum & Chemical Corporation (00386) fell more than 3%, with the net profit attributable to the parent company dropping by 30% year-on-year. The final dividend payment is 0.112 yuan.

China Petroleum & Chemical Corporation (00386) fell more than 3%, currently leading the decline among the "big three oil companies". As of the time of writing, it has fallen by 3.21% to HK$4.53, with a turnover of HK$3.71 billion. In terms of news, SINOPEC CORP disclosed its annual report for 2025, with the company achieving a total operating income of RMB 2783.583 billion for the year, a year-on-year decrease of 9.5%; the net profit attributable to shareholders of the parent company was RMB 31.809 billion, a year-on-year decrease of 36.8%. The company plans to distribute a cash dividend of HK$0.2 per share for the full year of 2025 (including tax), with a final dividend of HK$0.112 per share, pending approval at the shareholders' meeting. China Petroleum & Chemical Corporation stated that the decrease in operating income was mainly due to lower prices of petroleum and petrochemical products, as well as a decline in sales of finished oil products.