【Press Release】PetroChina Achieved Another Record Annual Results
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水曜日, 4月 10, 2024
EV, Natural gas, Growth, RMB, Ordos, Tarim Basin, Gasoline, PetroChina, Coal, PX, Marketing, Kerosene
Despite the realized oil price dropped by 16.8% year-on-year, the Company’s operating results continued to grow, and achieved record annual results for two consecutive years, underpinned by strengthened resilience of its industrial chain against the changes of macro-factors such as the oil price.
Key Points:
- Despite the realized oil price dropped by 16.8% year-on-year, the Company’s operating results continued to grow, and achieved record annual results for two consecutive years, underpinned by strengthened resilience of its industrial chain against the changes of macro-factors such as the oil price.
- The debt-to-asset ratio was 40.8%, dropped by 1.7 percentage points from the end of last year, the lowest level in 13 years.
- The annual dividend for the year was RMB 0.44 per share (tax inclusive), representing a dividend payout ratio of 50% with annual dividend payment of approximately RMB 80.53 billion.
- Achieving another record oil and natural gas equivalent output with more solid foundation for future development.