China Oilfield Services Limited’s Net Profit Rose 37.1% in First Half of 2022

China Oilfield Services Limited (中海油田服务股份有限公司) (601808.SH) reported a net profit of 1.1 billion yuan in the first half of 2022, up 37.1% year-on-year.

Meanwhile, the company posted 15.2 billion yuan in revenue, up 19.5% year-on-year.

At the end of the reporting period, it had 73.7 billion yuan in total assets and 35.3 billion yuan in total liabilities, with a liability-to-asset ratio of 47.8%.