CNOOC FY24 Profit, Revenues Rise; Recommends Dividend

(RTTNews) - Energy company CNOOC Limited (CEO, CNU.TO) reported Thursday higher profit and revenues in fiscal 2024, and announced a final dividend.

In the year, profit attributable to equity shareholders grew to RMB137.94 billion from RMB123.84 billion last year. Earnings per share grew to RMB2.90 from RMB2.60 a year ago.

Profit before tax increased to RMB189.98 billion from last year's RMB172.97 billion.

The company achieved operating revenues of RMB420.51 billion, higher than RMB416.61 billion a year ago.

Further, the Board of Directors has recommended a final dividend of HK$0.66 per share (tax inclusive) for 2024.

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