CNOOC: Net profit attributable to shareholders of the parent company is expected to reach RMB 122.1 billion in 2025.

China National Offshore Oil Corporation announced that by 2025, the company is expected to achieve operating revenue of RMB 398.2 billion and a net profit attributable to the parent company’s shareholders of RMB 122.1 billion, maintaining strong profit resilience. The main cost of crude oil is $27.9 per barrel of oil equivalent, and the cost competitive advantage is continually being strengthened. The company places a high priority on shareholder returns; to share the fruits of development with all shareholders, the board of directors has proposed a final dividend of HKD 0.55 per share (tax included) for the year-end 2025.

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