Kunlun achieves net profits of USD 5.84 mln in H1 after integration of brands.

China Business News | July 25, 2005 | Copyright

Kunlun achieves net profits of USD 5.84 mln in H1 after integration of brands

Shanghai. July 25. INTERFAX-CHINA - The five-year old lube operation, the Kunlun Lubricant Company, achieved net profits of RMB 47.36 mln (USD 5.84 mln) in the first six months of this year, up 13.17% on an annual basis, its parent company, CNPC, said on Monday. Its lube oil sales volume over the same period amounted to 1.9073 mln tons.

CNPC attributed Kunlun's sound performance over the period to the successful integration of CNPC's lubricant oil brands including Feitian, Qixing ...

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