Cosco Shipping Energy Transportation Co.,Ltd.’s Net Profit Rose 30.7% in First Three Quarters of 2022

Cosco Shipping Energy Transportation Co.,Ltd. (中远海运能源运输股份有限公司) (600026.SH) reported a net profit of 883.7 million yuan in the first three quarters of 2022, up 30.7% year-on-year.

Meanwhile, the company posted 12.4 billion yuan in revenue, up 33.5% year-on-year.

At the end of the reporting period, it had 66.3 billion yuan in total assets and 33.9 billion yuan in total liabilities, with a liability-to-asset ratio of 51.2%.