Petrochina Company Limited’s Net Profit Rose 9.8% in First Three Quarters of 2023

Petrochina Company Limited (中国石油天然气股份有限公司) (601857.SH) reported a net profit of 146.4 billion yuan in the first three quarters of 2023, up 9.8% year-on-year.

Meanwhile, the company posted 2.3 trillion yuan in revenue, down 7.1% year-on-year.

At the end of the reporting period, it had 2.8 trillion yuan in total assets and 1.2 trillion yuan in total liabilities, with a liability-to-asset ratio of 42.6%.