25.04.2024 12:10:38 - dpa-AFX: CNOOC Q1 Net Rises
HONG KONG (dpa-AFX) - Energy company CNOOC Limited (CEO) Thursday reported
net profit of RMB39.7 billion for the first quarter, a growth of 23.7 percent
from last year.
Total net production increased 9.9 percent to 180.1 million barrels of oil
equivalent.
Zhou Xinhuai, CEO and President of the Company, said, 'In the first quarter,
CNOOC Limited continued to make breakthroughs in exploration, obtained strong
growth in oil and gas production and achieved its best-ever net profit for the
same period in history.'
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