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News Wire / economy

CNOOC Reports 7.1 Percent Profit Growth In Q1

RTHK Radio 1 Hong Kong Beijing 15d14d Impact 5
China National Offshore Oil Corporation (CNOOC) reported a first-quarter profit of 39.14 billion yuan under Chinese accounting standards. Finance Manager Huang Yufan stated that international oil price volatility, influenced by Middle East tensions, has impacted market conditions. Brent crude prices rose from an average of approximately $64 per barrel in January to approximately $98 per barrel in March. Gasoline sales revenue rose approximately 10 percent to 97 billion yuan due to a 4.5 percent increase in the average realized oil price. CNOOC reported that its first quarter costs rose over 5% year-on-year to $28.41 per ton. This marks the fastest growth rate in six quarters. Total oil and gas production reached 20.5 million barrels, a record high that increased by 8.6 percent year-on-year. Revenue also rose by nearly 9 percent during the period.

Topics

CNOOC earnings oil and gas

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Sources · 7 independent

RTHK Radio 1 Hong Kong

“中海油岸中國企業會計準則 今年首季營利391.4億元人民幣 按年升7.1% 創6個季度以來最快增速”

RTHK Radio 1 Cantonese

“中海由首季營利按年升超過7% 創六個季度以來最快增速... 管理層表示,中東局勢導致國際油價波動較大 但有家、現貨家、高國旗貨家 有利原油生產商”

RTHK Radio 1 Hong Kong

“今年首季營利391.4億元人民幣 按年升7.1% 創6個季度以來最快增速 期內收入按年升近9%”

RTHK Radio 1 Hong Kong

“今年首季營利391.4億元人民幣 按年升7.1% 創6個季度以來最快增速”

RTHK Radio 1 Hong Kong

“今年首季營利391.4億元人民幣 按年升7.1% 創6個季度以來最快增速 首季石油和天然氣 合計正產量2.0500萬桶 再創新高 按年升8.6%”

RTHK Radio 1 Cantonese

“Brent crude rose from an average of about $64 per barrel in January to an average of about $98 per barrel in March. ... gasoline sales revenue rose about 10 percent to 97 billion yuan.”

RTHK Radio 1 Cantonese

“財務部總經理黃于凡提到 受到中東局勢影響 國際油價波動較大...汽油銷售收入,升大約一成至970億元 因為平均實現油價升4.5%”

RTHK Radio 1 Hong Kong

“今年首季營利391.4億元人民幣 按年升7.1% 創6個季度以來最快增速 首季石油和天然氣 合計正產量2.0500萬桶 按年升8.6%”

RTHK Radio 1 Cantonese

“集團提到 首季的統優主要成本 按年升超過5% 自每筒28.41美元 ... 汽油銷售收入,升大約一成至970億元 因為平均實現油價升4.5%”

RTHK Radio 1 Hong Kong

“First quarter profit is 39.14 billion yuan, up 7.1% year-on-year, creating the fastest growth in six quarters.”

RTHK Radio 1 Cantonese

“首季的統優主要成本 按年升超過5% 自每筒28.41美元 從人民幣對美元升值超過3%有關”

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