|
BIZCHINA> Top Biz News
![]() |
|
CITIC Resources plans expansion
(China Daily/Xinhua)
Updated: 2009-09-08 11:38 CITIC Resources Holdings, China's sixth-largest oil producer by output, aims to buy oil and resource assets in Central Asia, Africa and China, its chief executive said yesterday. Armed with HK$4.3 billion($554.8 million) of cash on hand, CITIC Resources is eyeing "high-quality, profitable and good assets", CEO Sun Xinguo told reporters at a briefing.
CITIC Resources has oil assets in Kazakhstan, Indonesia and the Hainan-Yuedong Block in China. The company posted a first-half net loss of HK$307.3 million from a net profit of HK$520.1 million a year earlier because of weak demand and falling prices, according to a company statement released late Sunday.
(For more biz stories, please visit Industries)
|
|||||||
主站蜘蛛池模板: 邵武市| 沾益县| 宣汉县| 绥芬河市| 吉木萨尔县| 交城县| 浮山县| 额尔古纳市| 两当县| 龙陵县| 沁阳市| 舒城县| 临朐县| 定远县| 泸西县| 璧山县| 宜章县| 安乡县| 芦山县| 青岛市| 丹阳市| 北安市| 昌都县| 濮阳市| 墨竹工卡县| 汶川县| 韶关市| 珠海市| 绥阳县| 车致| 伊宁县| 沽源县| 托克托县| 上杭县| 和平区| 尼玛县| 马鞍山市| 天镇县| 隆昌县| 南康市| 盐津县| 青岛市| 内江市| 揭西县| 房产| 新竹市| 曲沃县| 新闻| 堆龙德庆县| 靖江市| 伊金霍洛旗| 武陟县| 天津市| 合江县| 济宁市| 桃江县| 平邑县| 佛学| 壶关县| 平远县| 剑河县| 曲麻莱县| 辽阳县| 丰县| 泊头市| 当阳市| 仙居县| 托克逊县| 青岛市| 建宁县| 阿拉尔市| 登封市| 图们市| 大连市| 湄潭县| 福建省| 漯河市| 屯门区| 锦州市| 都江堰市| 宣威市| 长宁县|