Shanghai petrochemical announces 2020 annual results operation further optimized and company competitiveness leapfrogged

Hong kong / accesswire / march 24, 2021 / sinopec shanghai petrochemical company limited ("shanghai petrochemical" or the "company", together with its subsidiaries known as the "group") (hkex:00338)(sse:600688)(nyse:shi) today announced the annual results for the twelve months ended 31 december 2020 (the "period"). given the global covid-19 pandemic spread, a short-term historical plunge in international oil price and a sharp fall in market demand in 2020, the group adhered closely to the grand principle of seeking progress while maintaining stability.
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