Wintime Energy Co.,Ltd.’s Net Profit Rose 25.5% in First Quarter of 2022

Wintime Energy Co.,Ltd. (永泰能源股份有限公司) (600157.SH) reported a net profit of 279.6 million yuan in the first quarter of 2022, up 25.5% year-on-year.

Meanwhile, the company posted 7.7 billion yuan in revenue, up 42% year-on-year.

At the end of the reporting period, it had 103.6 billion yuan in total assets and 57.2 billion yuan in total liabilities, with a liability-to-asset ratio of 55.2%.