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PetroChina First-Half Profit Rises to 103.936 Billion Yuan

The Marketing segment reported 11.363 billion yuan in operating profit, up 3.801 billion yuan year over year.

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An oil tanker passes through the Strait of Hormuz off Khasab, Oman. (AI-generated image / EconoTimes)
An oil tanker passes through the Strait of Hormuz off Khasab, Oman. (AI-generated image / EconoTimes)

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PetroChina reported first-half profit attributable to owners of 103.936 billion yuan, up from 85.185 billion yuan in the same period a year earlier, in its interim results.

The amount covers the first half for PetroChina as a whole.

Separately, the Marketing segment recorded operating profit of 11.363 billion yuan.

That was an increase of 3.801 billion yuan year over year.

PetroChina said improved international-trading margins contributed to the segment’s result.

It also cited growth in vehicle liquefied natural gas refueling, charging and battery-swapping services.

The Marketing segment’s operating profit and PetroChina’s companywide profit attributable to owners are different measures.

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