PetroChina maintains high operating performance in the first three quarters

Release time：2025-11-3 15:17:15 Click times：11

Overall Performance: According to International Financial Reporting Standards, in the first three quarters of 2025, the company achieved operating revenue of RMB 2,169.256 billion, operating profit of RMB 175.053 billion, and net profit attributable to shareholders of the parent company of RMB 126.294 billion. In the third quarter alone, operating revenue reached RMB 719.157 billion, operating profit was RMB 58.020 billion, and net profit attributable to shareholders of the parent company was RMB 42.287 billion.
• Oil, Gas, and New Energy Business: In the first three quarters, the company's oil and gas equivalent production reached 1.377 billion barrels, a year-on-year increase of 2.6%. The cumulative power generation from wind and solar projects amounted to 5.79 billion kilowatt-hours, a year-on-year growth of 72.2%. The operating profit from the oil, gas, and new energy business totaled 125.103 billion yuan.
• Refining and Petrochemicals Business: The company adheres to a market-oriented approach and focuses on high-end, green, and intelligent transformation. In the first three quarters, crude oil processing reached 1.041 billion barrels, marking a 0.4% year-on-year increase. Chemical product output totaled 29.59 million tons, up 3.3% year-on-year, with synthetic fiber raw materials and polymers, as well as synthetic rubber, increasing by 14.0% and 10.1% respectively. New material production grew by 59.4%. The refining, petrochemicals, and new materials businesses achieved an operating profit of 16.24 billion yuan.
• Sales Operations: The company formulated differentiated and refined marketing strategies tailored to its objectives. In the first three quarters, it sold 12.0876 million tons of gasoline, kerosene, and diesel, marking a 0.8% year-on-year increase, with domestic sales reaching 8.964 million tons, showing steady growth. The sales operations generated an operating profit of 11.626 billion yuan.

• Natural Gas Sales Business: The company's natural gas sales business coordinates domestic and international, long-term and spot markets, striving to control comprehensive procurement costs. In the first three quarters, natural gas sales reached 218.541 billion cubic meters, marking a year-on-year increase of 4.2%. Among this, domestic natural gas sales totaled 170.892 billion cubic meters, up 4.9% year-on-year. The natural gas sales business achieved an operating profit of 31.279 billion yuan.