Oriental Energy Co.,Ltd.’s Net Profit Dropped 82.3% in First Three Quarters of 2022

Oriental Energy Co.,Ltd. (东华能源股份有限公司) (002221.SZ) reported a net profit of 180.7 million yuan in the first three quarters of 2022, down 82.3% year-on-year.

Meanwhile, the company posted 22 billion yuan in revenue, up 2.6% year-on-year.

At the end of the reporting period, it had 39.2 billion yuan in total assets and 27.3 billion yuan in total liabilities, with a liability-to-asset ratio of 69.6%.