Q: What is CNOOC(00883) Earnings Summary?

TigerAI

03-27

TigerGPT Answer:

Bullish Points:

1. Net profit increased by 11.4% to 137,936 million.

2. Revenue increased by 0.9% to 420,506 million.

3. Debt decreased by 4.1% to 118,875 million.

4. Total assets increased by 5.0% to 1,056,281 million.

5. Total liabilities decreased by 9.1% to 306,845 million.

6. Equity increased by 12.2% to 749,436 million.

Bearish Points:

1. Operating costs increased by 8.5% to 355,615 million.

2. Raw material prices and operating costs have increased, impacting the overall cost structure.

The final result you summarize based on positive and negative content needs to be objective, neutral, and dialectical.

For more information, you can read the original text of CNOOC(00883)'s financial report

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