HONG KONG (AFX-ASIA) – CNPC (Hong Kong) Ltd said its net profit fell sharply in the first half due to a 16.07% drop in weighted average crude oil price per barrel and lower earnings contributions from its oil fields. The company yesterday reported a net profit of HK$159.683 million for the six months to June,…
CHINA: CNPC (Hong Kong) first half profit down due to drop in crude oil price
Posted on October 4, 2002 by EnergyAsia