OREANDA-NEWS. May 31, 2012. Sinochem Group released Sinochem Group Annual Report 2011. According to the report, In 2011, Sinochem Group has kept strong momentum to achieve the total sales revenue of RMB 458.9 billion, a 37% year-on-year growth. Profit before tax has been increased by 48% annually to reach RMB 13.4 billion. Sinochem Group’s total assets have reached RMB 258.2 billion. These breakthroughs are strong testament that Sinochem Group have made a solid step alongside the way of the "Third Long March".

In the meantime, Sinochem Group has greatly enhanced the quality of the businesses, by strengthening the competitive edge of the five core businesses and achieving a complimentary and balanced development landscape among them - energy, agricultural, chemical, real estate and financial business. The sign is becoming more and more obvious that Sinochem Group have maintained a sustainable growth.

In the coming period, Sinochem Group will continue to follow the general requirement of "progressing while keeping stable posture." Bearing in mind the mission and responsibility of the “Third Long March”, the company will prevail against all odds along the way. By taking opportunities and focusing on core businesses, the company will push forward the strategic transformation, perform lean management and finally realize the stable, healthy and sustainable development of Sinochem.