Summary by Futu AI
CNOOC Limited ("the Company") announced its interim report for the six months ended June 30, 2024. The report shows that the Company and its subsidiaries achieved revenue of RMB 226.77 billion, an 18.1% increase compared to the same period last year; net income was RMB 79.745 billion, a 25.0% year-on-year increase. During the period, the Company's capital expenditure was RMB 63.125 billion, an 11.7% increase. The Company stated that the increase in oil & gas sales revenue was primarily driven by the rise in international oil prices and production volumes. As of the end of the reporting period, the Company's capital-to-liabilities ratio was 11.4%, a decrease from the previous year-end. The Company announced an interim dividend of HK$0.74 per share (inclusive of tax) to shareholders.