CNOOC Petrochemical (03983) announced interim results. Profit attributable to shareholders of 507 million yuan decreased by 20.78% year-on-year

According to the Zhitong Finance App, CNOOC (03983) announced interim results for the six months ended June 30, 2026. The group achieved sales revenue of 5.619 billion yuan, a year-on-year decrease of 3.95%; profit attributable to company owners was 507 million yuan, a year-on-year decrease of 20.78%; profit per share was 0.11 yuan.

During the reporting period, the company further promoted efforts to address the root causes of production safety, using raising safety awareness as a starting point, continuously strengthening the construction of a safety culture and raising the level of fine control of production and operation. In the first half of the year, the planned maintenance of the first phase of the Fushima chemical fertilizer plant was successfully completed. The first stage furnace and second stage furnace were successfully installed and put into operation, solving the technical problems of equipment that had not been dismantled for a long time; 4 of the company's 5 main plants operated continuously for more than 100 days. Thanks to this, the company produced 955,000 tons of urea; 720,000 tons of methanol; 287,000 tons of phosphate fertilizer and compound fertilizer; and 110,000 tons of acrylonitrile series products in the first half of the year.