CNOOC Limited (HK:0883) has released an update.
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CNOOC Limited reported a robust financial performance for the third quarter of 2024, with net profit attributable to shareholders rising by 9% to RMB 36,928 million, despite a 13.5% decline in revenue. Year-to-date, the company has seen a significant 19.5% increase in net profit, demonstrating strong operational efficiency and cash flow management. This performance highlights the company’s resilience and potential as an attractive option for investors in the energy sector.
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