CNOOC Limited (HK:0883) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
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.
For further insights into HK:0883 stock, check out TipRanks’ Stock Analysis page.
