Cnooc Energy Technology&Services Limited’s Net Profit Rose 34.8% in First Three Quarters 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 1.9 billion yuan in the first three quarters of 2022, up 34.8% year-on-year.

Meanwhile, the company posted 31.4 billion yuan in revenue, up 23% year-on-year.

At the end of the reporting period, it had 36.7 billion yuan in total assets and 14.2 billion yuan in total liabilities, with a liability-to-asset ratio of 38.7%.