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

|About: PetroChina Company Limited (PTR)|By:, SA News Editor

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.