SEHK:857Oil and Gas
Are PetroChina’s (SEHK:857) Board Changes Hinting at a Shift in Governance Priorities?
On October 30, 2025, PetroChina reported third-quarter sales of CNY 719.16 billion and net income of CNY 42.29 billion, reflecting higher sales but slightly reduced profits compared to the previous year.
Shortly before these earnings, PetroChina announced that Mr. Zhou Song resigned as chairman of the supervisory committee and proposed abolishing the committee at its upcoming EGM, pointing to possible shifts in corporate governance.
We'll now consider how PetroChina's earnings performance...