China Petroleum Engineering Co.,Ltd.’s Net Profit Rose 7.9% in First Three Quarters of 2022

China Petroleum Engineering Co.,Ltd. (中国石油集团工程股份有限公司) (600339.SH) reported a net profit of 885.8 million yuan in the first three quarters of 2022, up 7.9% year-on-year.

Meanwhile, the company posted 57.4 billion yuan in revenue, up 10% year-on-year.

At the end of the reporting period, it had 103.9 billion yuan in total assets and 78.3 billion yuan in total liabilities, with a liability-to-asset ratio of 75.3%.