Ningbo Shimao Energy Co.,Ltd.’s Net Profit Rose 14.8% in First Half of 2022

Ningbo Shimao Energy Co.,Ltd. (宁波世茂能源股份有限公司) (605028.SH) reported a net profit of 95.7 million yuan in the first half of 2022, up 14.8% year-on-year.

Meanwhile, the company posted 200.8 million yuan in revenue, up 9.3% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 126.2 million yuan in total liabilities, with a liability-to-asset ratio of 10.5%.