Sinopec Zhenhai, China's Most Profitable Refiner, Posts Huge Loss

Jul 30, 2012 | Posted by: thechinaperspective | Full story: www.thechinaperspective.com

Sinopec Zhenhai, China's Most Profitable Refiner, Posts 423m Loss in 1H Sinopec Zhenhai Refining & Chemical Co, Sinopec Corp's subsidiary which was once China's most lucrative refinery, said its refining business lost 423 million in 1H 2012 as international crude oil prices rose before falling.

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OVERTHROW the CCP PIGS

Calgary, Canada

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Judge it!
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#1
Jul 30, 2012
 
HUGE losses in every industry in CCP China now!
OVERTHROW the CCP PIGS

Calgary, Canada

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Judge it!
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#2
Aug 2, 2012
 
Must be that GASOLINE SUBSIDY the CCP is using to prop up the collapsing CCP China economy!

You know a country is in DESPERATE CONDITION when it has to SUBSIDIZE THE ENTIRE ECONOMY by SELLING FUEL BELOW COST!

....and THAT is PRECISELY what the CCP has done.

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