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PetroChina reports record 2024 net income on higher production

PetroChina 601857, 601857, Asia’s largest oil and gas producer, on Sunday said annual net profit rose 2% to a record high, as moderately higher production helped to offset lower oil prices. Its net profit totalled 164.7 billion yuan ($22.68 billion) in 2024, versus 161.1 billion yuan in 2023, while revenue dipped 2.5% to 2,938.0 billion ...

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