Offshore Oil Engineering Co.,Ltd.’s Net Profit Rose 289.7% in 2022

Offshore Oil Engineering Co.,Ltd. (海洋石油工程股份有限公司) (600583.SH) reported a net profit of 1.4 billion yuan in 2022, up 289.7% year-on-year.

Meanwhile, the company posted 29.4 billion yuan in revenue, up 48.3% year-on-year.

At the end of the reporting period, it had 42.6 billion yuan in total assets and 17 billion yuan in total liabilities, with a liability-to-asset ratio of 39.8%.