Friday, December 28, 2007

Learn Mandarin online - PetroChina net profit up 1.4% in first half

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BIZCHINA / Center

PetroChina net profit up 1.4% in first half

(Xinhua)
Updated: 2007-08-24 09:06

PetroChina Co Ltd reported Thursday that its net profit for the first
half of 2007 was 81.83 billion yuan (US$10.78 billion), up 1.4 percent
from the first half of 2006.

Total output of crude oil and natural gas in the six months of 2007 was
552.7 million barrels of oil equivalent, representing an increase of 3.7
percent from the same period of last year.

PetroChina is the Hong Kong-listed subsidiary of China National Petroleum
Corporation, China's largest oil producer.

(For more biz stories, please visit Industry Updates)

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