OREANDA-NEWS. July 20, 2012. Fortune released its latest ranking of the global top 500 enterprises in 2012. Sinochem Group was listed for the 22nd time with the operating revenue of USD 70.99 billion in 2011, climbing from No. 168 in the previous year to No. 113 this year, reported the press-centre of Sinochem Group.  

According to the list of each sector released by Fortune at the same time, Sinochem Group ranked 2nd among the largest trading enterprises worldwide.

In 2011, Sinochem Group made historical breakthroughs in its business performance and overall strength, making a big and important step in its “Third Long March”. In the year, it realized operating revenue of RMB 458.9 billion and total profit of RMB 13.4 billion, up 37% and 48% respectively year on year, and the total assets reach RMB 258.2 billion.

While making breakthroughs in business performance, Sinochem Group also made profound reformations in its business portfolio. The five business sectors including energy, agriculture, chemical industry, real estate and financial service, which are in balanced and complementary manner, were further enhanced of their core competitiveness. Sinochem is now on a firm basis of sustainable development.