CNOOC Ltd. Reports 42% Growth in Net Profit for 2008

April 2009
China Chemical Reporter;4/16/2009 Petrochemical Supplement, Vol. 20 Issue 11A, p9
Trade Publication
The article reports on the 2008 net profit of CNOOC Ltd. It relates that the company reported a 42%, Renminbi (RMB) 44.4 billion increase in profits, hitting historic record and maintaining the growth for eight consecutive years since its listing. The company's oil and gas sales boosted 38.1% to RMB100. 83 billion in 2008. Its earning per share reached RMB0.99, which is a year-on-year increase of 37.5%.


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