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Despite increased output, Sinopec's earnings before interest and taxes were only 18.61 billion yuan in its oil refining business, down 52.8 percent year-over-year from 39.43 billion yuan due to higher crude procurement expenses. That in chemicals dropped 27.2 percent year-on-year from 18.91 billion yuan in the first half of 2018 to 13.78 billion yuan in the first half of this year.
Despite extreme difficulties, companies still see new growth opportunities ahead, Zhong added.

Deng Ming, president of the photovoltaics company, said the production line's annual output capacity will be 30 million chips. Workers began to debug the facility late last month, and the first chip is expected to roll off the assembly line in November.
Democratic presidential candidate Senator Kamala Harris of California called Facebook "a utility that has gone unregulated" and highlighted the issue of privacy, about which "serious regulation" should be enacted.
Democrats also approved a separate measure to fund the departments of Agriculture, Interior, Housing and Urban Development and others closed by the partial shutdown, at levels Senate Republicans had largely agreed to last year. The bill, which would provide money through the end of the fiscal year Sept 30, was approved, 241-190, with several House Republicans joining Democrats.
来源:资阳报