HONG KONG (AFX-ASIA) – PetroChina Co Ltd (857.HK) expects its newly acquired gas stations to generate profits next year, the Hong Kong Economic Times reported, citing an unnamed source close to the company. It said the group is planning to cut about 28,000 jobs out of the 50,000 workers currently employed in these gas stations,…
CHINA: PetroChina sees new gas stations making profit next year; plans layoffs
Posted on October 9, 2002 by EnergyAsia