integrated tertiary oil recovery equipment and technology provider to enhance extraction in China’s Daqing oilfield, said its third quarter net profit rose 80.1% to RMB 43.1 million. (US$1=RMB7.4). Revenue surged 96.3% surge to RMB 82.8 million, thanks to increased sales of enhanced oil recovery and environmental protection products. Its net profit rose 51.8% to RMB 57.5…
SINGAPORE: China Oilfield’s third quarter net profit up 80.1% to RMB 43.1 million
Posted on December 3, 2007 by EnergyAsia