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PetroChina's profit down 15.9% in Jan-Sep

Oct. 31, 2012 (China Knowledge) - PetroChina Co Ltd<601857><0857>, China's largest oil producer, has said its net profit attributable to shareholders decrease 15.95 YoY to RMB 86.05 billion in the first nine month of this year.

According to a statement filed with Hong Kong Stock Exchange, basic earnings per share for the period were RMB 0.48.

From January to September, the oil producer's operation revenue amount to RMB 1.6 trillion, more than RMB 1.48 trillion it realized in the same period of last year.

In the first nine months of this year, PetroChina saw its crude oil output grow 2% YoY to 6.83 million barrels, while its natural gas output for the period totalled 1,879.3 billion cubic feet, up 8.3% YoY.

The company processed 743.5 million barrels of crude oil during the nine-month period, up 2.5% from a year earlier. Meanwhile it produced 67.135 million tons of gasoline, diesel and kerosene in the first nine months, reflecting a YoY increase of 4.4%.

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