Cnooc Energy Technology&Services Limited’s Net Profit Rose 43.5% in First Half of 2022

Cnooc Energy Technology&Services Limited (中海油能源发展股份有限公司) (600968.SH) reported a net profit of 1.1 billion yuan in the first half of 2022, up 43.5% year-on-year.

Meanwhile, the company posted 20.3 billion yuan in revenue, up 30.2% year-on-year.

At the end of the reporting period, it had 36.7 billion yuan in total assets and 15.1 billion yuan in total liabilities, with a liability-to-asset ratio of 41.3%.