The most popular PetroChina saw a 49% decline in n

2022-08-02
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According to Tencent Financial News on March 29, China National Petroleum Corporation (hereinafter referred to as "PetroChina") today announced its 2011 results. The data showed that PetroChina's net profit in 2011 was 132.98 billion yuan, a decrease of 4.9% over the same period of last year. PetroChina said that it was mainly affected by the macro-control of domestic product oil prices and the import and sale of imported natural gas, which was beneficial to the reduction of battery internal resistance and the increase of discharge power; 3. Coating can prohibit or reduce the membrane oxidation price upside down, and the tax increases greatly

last year's net profit fell by 4.9%

PetroChina announced that as of December 31, 2011, in accordance with the international financial reporting standards and the Chinese accounting standards for business enterprises, it had achieved a turnover of 2003.843 billion yuan (RMB, the same below), a year-on-year increase of 36.7%; In accordance with international financial reporting standards, the net profit attributable to the shareholders of the company was 132.961 billion yuan, a year-on-year decrease of 5.0%, and the basic earnings per share was 0.73 yuan, a year-on-year decrease of 0.03 yuan; According to the Chinese accounting standards for business enterprises, the net profit attributable to the shareholders of the company was 132.984 billion yuan, a year-on-year decrease of 4.9%, and the basic profit per share was 0.73 yuan, a year-on-year decrease of 0.03 yuan

in addition, according to the resolution of the board of directors, PetroChina will pay a final dividend of RMB 0.16462 per share (including applicable taxes) at 45% of the final net profit of 2011 international standards. In addition to the paid interim dividend of 2011 1. According to the technical requirements of the spring, the dividend per share of the company in 2011 was 0.16229 yuan (including applicable taxes), and the dividend per share of the company in 2011 was 0.32691 yuan (including applicable taxes)

the crude oil sector made huge losses in refining business

as the largest crude oil producer in China, the revenue of PetroChina's exploration and production sector in 2011 reached 774.777 billion yuan, a significant increase of 42.2% over the previous year, benefiting from the average increase of international crude oil prices last year and the substantial increase of natural gas prices. For this reason, this business segment also continued to be the largest profit contributor of the company, and the annual operating profit also reached 219.54 billion yuan, an increase of 42.8% over 153.7 billion yuan in the previous year

2011, according to the evaluation of independent reserve appraisers, the annual replacement rate of oil and gas equivalent reserves was 1.03; The company's total domestic and foreign crude oil output reached 886.1 million barrels, a year-on-year increase of 3.3%; The saleable natural gas output was 2396.4 billion cubic feet, a year-on-year increase of 7.9%; The oil and gas equivalent output of springs used for shock absorption was 1285.6 million barrels, a year-on-year increase of 4.7%

data show that in 2011, PetroChina processed 984.6 million barrels of crude oil, with a crude oil processing load rate of 92.0%, and produced 87.15 million tons of gasoline, kerosene and diesel oil

however, affected by the high international crude oil prices, the macro-control of domestic product oil prices and the downward demand in the chemical market, PetroChina's oil refining and chemical sector suffered an operating loss of 61.866 billion yuan, including an operating loss of 6087 billion yuan in the oil refining business and 1.779 billion yuan in the chemical business

in terms of sales, PetroChina's domestic retail market share reached 39.2%, with a year-on-year increase of 0.8 percentage points, and the market share increased steadily. In 2011, the sales business segment achieved an operating profit of 20.653 billion yuan, an increase of 29.4% year-on-year

the inverted price of imported natural gas caused a loss of 21.4 billion yuan

in 2011, the natural gas and pipeline sector realized an operating profit of 15.53 billion yuan, mainly due to the increase in the sales volume of natural gas, the rise in the price of natural gas and the increase in the sales revenue of urban gas, LPG and other businesses. However, affected by the increase in the loss of imported natural gas and the increase in depreciation due to the centralized capital transfer of key projects, the operating profit decreased by 23.9% year-on-year, of which the accumulated loss on the sales of imported natural gas and liquefied natural gas (LNG) played a leading role in the project by about 21.4 billion yuan

the announcement also mentioned that the company's overseas oil and gas cooperation continued to expand, and the strategic layout of the five major oil and gas cooperation zones was basically completed. In 2011, the overseas business (note) achieved remarkable results, further improved its contribution to the company, and achieved a turnover of 574.212 billion yuan, accounting for 28.6% of the company's total turnover; The pre tax profit reached 34.747 billion yuan, accounting for 18.9% of the company's pre tax profit

147million tons of international trade were completed in 2011, and the economies of scale of crude oil, natural gas and refined oil trading business increased significantly

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