Shenzhen Energy Group Co.,Ltd.’s Net Profit Dropped 36.4% in First Three Quarters of 2022

Shenzhen Energy Group Co.,Ltd. (深圳能源集团股份有限公司) (000027.SZ) reported a net profit of 2 billion yuan in the first three quarters of 2022, down 36.4% year-on-year.

Meanwhile, the company posted 26.8 billion yuan in revenue, up 25% year-on-year.

At the end of the reporting period, it had 144 billion yuan in total assets and 89.7 billion yuan in total liabilities, with a liability-to-asset ratio of 62.3%.