TC

28/08/2014 16:24

PetroChina 1H net up 4% to Rmb68.12bn; div Rmb16.75 cts

    PetroChina (00857) said its profit attributable to owners for the six months ended 30 June 2014 rose 4% year-on-year to Rmb68,124 million.
  Its basic and diluted earnings per share were Rmb37 cents.
  The turnover was Rmb1,153,968 million, an increase of 4.8% from a year earlier, which was primarily due to the increase in the price and sales volume of the Group's major products including natural gas, gasoline and other products. 
  The profit from operations of the Exploration and Production segment rose 3.5% to Rmb102,238 million for the first half of 2014.
  The Refining and Chemicals segment incurred a loss from operations amounting to Rmb3,435 million, representing a decrease in loss from operations of Rmb12,426 million from a year earlier. The refining operations turned profitable and generated an operating profit of Rmb4,355 million, representing an increase in operating profit of Rmb12,124 million as compared with the operating loss of Rmb7,769 million in the same period in 2013. 
  The proposed interim dividend is Rmb16.75 cents per share. 

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