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FINWIRES

CNOOC's Profit Rises 7% in Q1

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-- CNOOC (HKG:0883, SHA:600938) posted net profit attributable to shareholders of 39.1 billion yuan for the first quarter, up 7.1% from 36.6 billion yuan a year earlier, according to a Tuesday Hong Kong bourse filing.

Earnings per share at the oil giant came in at 0.82 yuan, compared with 0.77 yuan in the prior-year period.

Revenue rose 8.6% to 116.1 billion yuan from 106.9 billion yuan a year earlier.

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