Market Overview

PetroChina Q2 Profit Down 21%

Share:
Related PTR
Earnings Scheduled For April 12, 2017
Buffett Seeking To Turn 1131% Profit On Laguna Beach Home

PetroChina Company Limited (NYSE: PTR) posted a 21% drop in its second-quarter earnings.

PetroChina's quarterly net profit declined to 22.83 billion yuan ($3.59 billion), versus 29 billion yuan, in the year-ago period. However, analysts were expecting a net profit of 26.73 billion yuan.

PetroChina shares fell 1.24% to close at $124.28 yesterday.

Posted-In: profitEarnings News

 

Related Articles (PTR)

View Comments and Join the Discussion!