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China National Petroleum Corporation, CNPC China National Oil and Gas Corporation, CNNC

Company

Oil industry
Since 1988
China
Asia
Beijing
9 Dongzhimen North Street, Dongcheng District, Beijing, P.R. China, 100007


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Content

Financial results
2020 year
Revenue: 2087 billions ¥
Net Profit: 50.271 billions ¥

Assets

+ China National Petroleum Corporation, CNPC

China National Petroleum Corporation (CNPC, "China National Oil and Gas Corporation") is the largest the Chinese oilgas company. The headquarters are located in. Beijing

Performance indicators

2022: 10.8% oil production in Kazakhstan

2021: Ninth in the world in terms of net revenue - $266 billion

The largest companies in the world in terms of net revenue in 2021
"'Net revenue"' (net revenue) - revenue for added value.
This revenue includes revenue costs such as discounts, returns, etc.
Net Revenue Formula = Gross Revenue - Directly Related Selling Expenses.

2020: Revenue - ¥2,087 trillion

At the end of 2020, China National Petroleum Corporation's revenue amounted to ¥2,087 trillion, operating profit - 87.52 billion, net profit - ¥ 50.27 billion.[1]

Notes