PetroChina (PTR) posts 2011 profit of $21B, off 5% from 2010 and missing analyst estimates by...


PetroChina (PTR) posts 2011 profit of $21B, off 5% from 2010 and missing analyst estimates by about $750M. It's refining margins again, as Beijing mostly sat on product costs even as the world price of crude rose. Shares -2% in Hong Kong.

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