China's largest oil refiner Sinopec saw net profits return to a strong growth in the first quarter of 2013, while the country's top oil and gas producer PetroChina reported profit decline, company statements showed Thursday.

Sinopec, or China Petroleum and Chemical Corporation, said in a statement its net profits surged 23.42 percent year on year to 15.83 billion yuan (2.54 billion U.S. dollars) in the first quarter by the Chinese financial reporting standards, compared with an 11.4-percent year-on-year drop in 2012.

PetroChina Company Limited said its net profits fell 8 percent year on year to 36.02 billion yuan in the first quarter, bringing the basic earnings per share to 0.2 yuan. Endi

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