Sinopec maintains a stable and liquid balance sheet in order to retain flexibility. The firm's adjusted EBITDA covered its interest expense by 11 times in 2023, with net gearing ratio of 0.12 times as ...
Several independent refiners in China have halted operations due to rising taxes on imported feedstock, squeezing their profits.
As China refines its strategy on the Indian Ocean island, it is posing a significant challenge to Japan’s long-held influence ...
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