Sinopec Shandong Taishan Petroleum Co.,Ltd.’s Net Profit Rose 79.4% in First Three Quarters of 2022

Sinopec Shandong Taishan Petroleum Co.,Ltd. (中国石化山东泰山石油股份有限公司) (000554.SZ) reported a net profit of 7.4 million yuan in the first three quarters of 2022, up 79.4% year-on-year.

Meanwhile, the company posted 2.5 billion yuan in revenue, up 25.1% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 489.6 million yuan in total liabilities, with a liability-to-asset ratio of 34.3%.