China's Biggest Oil Producer Is Giving Investors a Full Profit Payout
- PetroChina surprise dividend decision seen as one-time event
- Pays out entire first-half profit of nearly 12.7 billion yuan
JPMorgan's Darling Says PetroChina Has Some Challenges
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PetroChina Co. took a page from the playbook of global peers known for generous dividends by deciding to pay shareholders its entire half-year net income.