Shanghai Datun Energy Resources Co.,Ltd.’s Net Profit Rose 285.6% in First Quarter of 2022

Shanghai Datun Energy Resources Co.,Ltd. (上海大屯能源股份有限公司) (600508.SH) reported a net profit of 772.3 million yuan in the first quarter of 2022, up 285.6% year-on-year.

Meanwhile, the company posted 3.1 billion yuan in revenue, up 55.8% year-on-year.

At the end of the reporting period, it had 18.7 billion yuan in total assets and 7.4 billion yuan in total liabilities, with a liability-to-asset ratio of 39.5%.