Two barrels of oil earned 5.3 billion in the first three quarters
On the evening of October 29, 2013, PetroChina and Sinopec’s “reports†for the third quarter of this year have appeared. In the case of refinery reduction or even profitability, the “two barrels of oil†total net profit of 530 million yuan in the first three quarters. Among them, PetroChina’s net profit attributable to the parent company for the first three quarters was 95.293 billion yuan, a year-on-year increase of 9.6%; Sinopec’s net profit was 51.6 billion yuan, a year-on-year increase of 23%. The financial report shows that according to the Chinese Accounting Standards for Business Enterprises, Sinopec achieved operating revenue of 2.14 trillion yuan in the first three quarters of 2013, an increase of 5.69% from the same period of last year; PetroChina recorded operating income of 1.68 trillion yuan in the first three quarters, an increase of 5.3% year-on-year. Casing And Tubing,API 5CT K55 Casing And Tubing,Drill pipe,Tubing,Casing Hydrogrand Steel Pipe Co.,ltd , https://www.hydrograndtube.com