China Ocean Petroleum Co., Ltd.'s profits in the first three quarters of this year increased by about 104%to 108%year -on -year.
According to Bloomberg report, the announcement issued by China Ocean Petroleum Co., Ltd. on Sunday (October 16) shows that the net profit attributable to shareholders of the parent company in the first three quarters of 2022 is expected to be RMB 107.8 billion (about 214S $ 100 million) From the same period of the previous year, it increased by RMB 55 billion to 57 billion, an increase of about 104%to 108%year -on -year.
The announcement stated that in the first three quarters, the company seized the opportunity to rise in oil prices, continued to increase exploration and development, increase storage and production, improve quality and efficiency, and achieve positive results.The competitive advantage has been further consolidated, and the level of profit has increased significantly year -on -year.
