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<Results>CNOOC Full-yr NP Falls 11.5% to RMB122.08B; Final DPS HK$0.55
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CNOOC (00883.HK) announced its 2025 annual results, reporting a revenue of RMB398.22 billion, down 5.3% YoY, mainly due to the combined impact of the increase of oil and gas sales volume and the decrease of international oil price.

During the period, net profit amounted to RMB122.08 billion, down 11.5% YoY, primarily as a result of the continuous increase of reserves and production, and enhancement of quality and efficiency, which partially offset the adverse impact of lower oil prices. EPS were RMB2.57.

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A final DPS of HK$0.55 was declared, compared to HK$0.66 in the same period last year. Together with the interim DPS of HK$0.73 already paid, the total DPS for 2025 is HK$1.28.
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