PetroChina Co Ltd (HKSE:00857)
HK$ 5.78 0.01 (0.17%) Market Cap: 1.57 Til Enterprise Value: 1.65 Til PE Ratio: 6.02 PB Ratio: 1.02 GF Score: 83/100

Full Year 2021 PetroChina Co Ltd Earnings Call (Chinese, English) Transcript

Mar 30, 2022 / 09:00AM GMT
Release Date Price: HK$4.12 (-0.24%)
Chai Shouping

Ladies and gentlemen, good afternoon. I'm PetroChina's CFO and Board Secretary, Chai Shouping. I would like to welcome you to our 2021 annual results announcement.

First, allow me to introduce the Board members and Health Management present today. Chairman, Mr. Dai Houliang; Executive Director and Senior Vice President, Mr. Ren Lixin; Vice President, Mr. Tian Jinghui; Vice President and Chief Engineer, Mr. Yang Jigang; Chief HSE Supervisor, Mr. Zhang Minglu.

The presentation today includes 4 parts: first, review and analysis of 2021 financial performance; next, overview of operational performance; then remarks from the Chairman, followed by a Q&A session.

Now I'll walk you through our financial performance of 2021. Last year, we're driving oil prices, steady recovery of Chinese economy and booming demand for oil and gas. We followed through on high-quality development requirements and make coordinated progress on business development going on low-carbon transition, reform and innovation, quality and efficiency, HSE and COVID response.

Oil and gas industry

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