The Zhitong Finance App learned that CNOOC Petrochemical (03983) rose nearly 5%. As of press release, it had risen 4.78% to HK$2.41, with a turnover of HK$5.622,400.

According to the news, CNOOC Petrochemical announced its 2023 results, with revenue of RMB 12.99 billion (same unit), down 9% year on year; gross profit of about RMB 2,061 billion, down 18.75% year on year; net profit attributable to company owners was RMB 2,382 billion, up 45% year on year; and proposed year-end dividend of RMB 0.207 per share. According to the announcement, the main reason for the decline in revenue was market fluctuations, and the sales prices of the Group's urea, phosphorus compound fertilizer and methanol all declined to varying degrees over the same period last year.