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
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Half Year 2022 PetroChina Co Ltd Earnings Call (Chinese, English) Transcript

Aug 25, 2022 / 09:00AM GMT
Release Date Price: HK$3.65 (+1.67%)
Hua Wang
PetroChina Company Limited - CFO & Company Secretary

[Interpreted] Ladies and gentlemen, good afternoon. I'm Wang Hua, Petro China's CFO and Board Secretary. Welcome you all to 2022 interim results announcement. First, allow me to introduce the Board members and top management present today. They are Mr. Dai Houliang, Chairman of the company; Mr. Huang Yongzhang, Executive Director and President; Mr. Ren Lixin, Executive Director and SVP; Mr. Yang Jigang, VP and Chief Engineer; Mr. Wan Jun, Vice President.

The presentation includes 4 parts. First, review on the financial performance in H1. Next, overview of operational performance. Then remarks from the Chairman, followed by a Q&A session.

First, the review of the company's financial performance. Based on the 7-year high operation performance last year, PetroChina sustained growth in H1 and saw all-time best interim revenue and net profit attributable to parent with profits booked across both business segments. Realized oil price averaged USD 94 per barrel, up by USD 35 year-on-year or 59.2%. Revenue of RMB 1.6

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