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PetroChina Sees Profit Up 35.4 pct in 2010

PetroChina Sees Profit Up 35.4 pct in 2010

Write: Lamont [2011-05-20]

PetroChina Company Limited (PetroChina), China's largest oil and gas producer, reported Thursday that its net profit for 2010 surged 35.4 percent from a year ago.

PetroChina's net profit totaled 139.99 billion yuan (21.3 billion U.S. dollars) and earnings per share stood at 0.76 yuan in 2010 according to the international financial reporting standards, the company said in a statement to the Shanghai and Hong Kong stock exchanges.