Geo-Jade Petroleum Corporation’s Net Profit Rose 146.2% in First Half of 2022

Geo-Jade Petroleum Corporation (洲际油气股份有限公司) (600759.SH) reported a net profit of 139 million yuan in the first half of 2022, up 146.2% year-on-year.

Meanwhile, the company posted 1.3 billion yuan in revenue, up 15.5% year-on-year.

At the end of the reporting period, it had 13.9 billion yuan in total assets and 9 billion yuan in total liabilities, with a liability-to-asset ratio of 64.7%.