CNOOC Hikes Dividend as H1 Profit Jumps 25%

MT Newswires Live08-28

CNOOC (SHA:600938, HKG:0883) reported a net profit attributable to shareholders of 79.7 billion yuan for the six months ended June 30, a 25% jump from 63.8 billion yuan a year ago.

Earnings per share climbed to 1.68 yuan from 1.34 yuan in the year-ago period, according to a Wednesday filing with the Hong Kong bourse.

Revenue for the first half stood at 226.8 billion yuan, compared with 192.1 billion yuan a year prior.

The Chinese oil giant declared an interim dividend of HK$0.74 per share, up from HK$0.59 a year earlier.

Price (HKD): $21.30, Change: $-0.100, Percent Change: -0.47%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment