BEIJING, Aug. 27 (Xinhua) -- PetroChina Company Limited reported Wednesday that its first-half net profit slid 34.5 percent year-on-year, reduced by below-cost fuel prices and windfall taxes.
Net profit totaled 53.62 billion yuan (7.84 billion U.S. dollars) in the first half, while earnings per share fell by 0.17 yuan per share to 0.29 yuan, the company said in a statement to the Shanghai Stock Exchange on Wednesday afternoon.
PetroChina is the Hong Kong and Shanghai-listed subsidiary of China National Petroleum Corporation, China's largest oil producer.
