On April 19, Heshun Petroleum (603353) recently released its 2020 annual report, and during the reporting period, the company achieved operating income of 1,843,528,796.40 yuan, down 4.98% year-on-year; the net profit attributable to shareholders of listed companies was 170,463,081.59 yuan, an increase of 5.4% year-on-year.
Net cash flow from operating activities during the reporting period was $395,195,629.95, and net assets attributable to shareholders of the listed company as of the end of 2020 were $1,640,152,896.44.
In 2020, due to the sharp decline in crude oil prices, the procurement cost and sales unit price of the company's refined oil products fell more, resulting in sales increases over the same period, but the company's operating income and operating costs decreased year-on-year, of which operating income was 1843.5288 million yuan, a year-on-year decrease of 4.98%, and operating costs were 1462.5549 million yuan, a year-on-year decrease of 6.72%.
The announcement shows that the remuneration of directors, supervisors and senior management during the reporting period totaled 5.5532 million yuan. The total pre-tax remuneration received by Chairman and General Manager Zhao Zhong from the company was 574,265 yuan, the total pre-tax remuneration received by Financial Director Yu Meiling from the company was 464,059 yuan, and the total pre-tax remuneration received by Zeng Yue, deputy general manager and secretary of the board of directors, was 474,859 yuan.
According to the data of the digging shell network, the main business of Heshun Petroleum is gas station chain operation, refined oil storage, logistics distribution, wholesale, and the formation of a complete industrial chain in the field of refined oil circulation.
This article originated from the digging shell network
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