According to the Zhitong Finance App, Sinopec Guande (00934.HK) announced that the profit attributable to shareholders of the Group for the six months (period) ended June 30, 2026 will decrease by about 25%-35% compared with the profit attributable to shareholders for the same period last year (approximately HK$563 million). The expected decline in profit attributable to shareholders is mainly due to (1) the escalation of the situation in the Middle East during the period, and navigation through the Strait of Hormuz was severely hampered, directly affecting the global oil market pattern, as well as the Group's domestic and overseas warehousing and terminal business, as well as subsidiary companies' profit contributions to the company; (2) the Company's joint venture, Rizhao Shihua Crude Oil Terminal Co., Ltd. (Rizhao Shihua) has entered the liquidation process, causing Rizhao Shihua's throughput during the period and the investment income it contributed to the company drastically decreased compared to the same period last year.

According to the Zhitong Finance App, Sinopec Guande (00934.HK) announced that the profit attributable to shareholders of the Group for the six months (period) ended June 30, 2026 will decrease by about 25%-35% compared with the profit attributable to shareholders for the same period last year (approximately HK$563 million). The expected decline in profit attributable to shareholders is mainly due to (1) the escalation of the situation in the Middle East during the period, and navigation through the Strait of Hormuz was severely hampered, directly affecting the global oil market pattern, as well as the Group's domestic and overseas warehousing and terminal business, as well as subsidiary companies' profit contributions to the company; (2) the Company's joint venture, Rizhao Shihua Crude Oil Terminal Co., Ltd. (Rizhao Shihua) has entered the liquidation process, causing Rizhao Shihua's throughput during the period and the investment income it contributed to the company drastically decreased compared to the same period last year.