China National Petroleum: Net profit in 2025 is expected to decrease by 4.5% year-on-year, with a proposed cash dividend of 0.25 yuan per share.

People’s Financial News, March 29 - China Petroleum (601857) disclosed its annual report on March 29, projecting an operating income of 2,864.469 billion yuan in 2025, a decrease of 2.5% year-on-year; a net profit attributable to shareholders of the parent company of 157.3 billion yuan, a decline of 4.5% year-on-year; and basic earnings per share of 0.86 yuan. The company plans to distribute a cash dividend of 0.25 yuan per share (tax included) to all shareholders, totaling a proposed cash dividend distribution of 45.76 billion yuan (tax included). The decline in operating income is mainly due to the combined effects of falling prices of crude oil, refined oil, and other oil and gas products, as well as changes in sales volume.

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