中石化(00386.HK):出售管道獲現金有利改善財務 料第四季化工業務勢頭續強勁
中石化(00386.HK)財務總監壽東華在第三季業績電話會議上表示,公司向國家管網公司出售管道資產的交易已於上月完成,公司因而在第三季錄得相關稅前收益368億元人民幣(下同),對淨利潤貢獻則為308億元。而公司獲得現金對價526億元,對公司價值提升及改善財務有利。
她指,今年初油價大幅下跌,令公司錄得庫存損失,首三季減利逾300億元,不過因近月油價已回升,價格已與成本價相當,因此相信往後庫存損失對公司的影響將會減少。她又稱今年有一段時間國際油價低於每桶40美元,國內成品油價格根據發改委地板價機制不再下調,首三季有關風險準備金約120億元,計入公司其他應付款賬內,依照目前政策未來會上交國家。
另外,公司管理層提到,首三季克服了疫情及油價走低對化工業務的影響,公司通過產品結構調整及壓低成本等措施,令業務有良好表現,首三季化工產品每噸毛利達408元。由於中國經濟復甦令需求上升,相信化工業務今年第四季可維持強勁勢頭。
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