Summary by Moomoo AI
Unitedenergy gp released the unaudited financial report for the six months ending June 30, 2024, showing a 35.6% increase in company revenue compared to the same period last year, reaching approximately 8.44 billion Hong Kong dollars. However, the company's net profit decreased from approximately 1.66 billion Hong Kong dollars in the same period last year to about 1.01 billion Hong Kong dollars, a decrease of 39.3%. This decrease is mainly due to an increase in depreciation and amortization expenses. During the reporting period, the company's exploration and production activities extraction costs were relatively stable compared to the same period last year, with a cost of approximately $4.2 per barrel of oil equivalent extracted. The average equity production volume during the reporting period is around 102,298 barrels of...Show More
