PetroChina, the country's largest oil producer, announced today that it recorded net profit of RMB 114.43 billion in 2008, a sharp year-on-year decline of 22%, sources reported.
Last year, the large oil giant reached RMB 1.07 trillion in turnover, an increase of 28.1% from the previous year. Earnings per share were RMB 0.63, down RMB 0.19 year on year. The declared dividend was about RMB 0.28 per share.
Due to soaring international oil prices, PetroChina's oil refining business suffered a loss of RMB 8.30 million in 2008.
Last year, the large oil giant reached RMB 1.07 trillion in turnover, an increase of 28.1% from the previous year. Earnings per share were RMB 0.63, down RMB 0.19 year on year. The declared dividend was about RMB 0.28 per share.
Due to soaring international oil prices, PetroChina's oil refining business suffered a loss of RMB 8.30 million in 2008.