Cnooc Limited’s Net Profit Rose 101.5% in 2022

Cnooc Limited (中国海洋石油有限公司) (600938.SH) reported a net profit of 141.7 billion yuan in 2022, up 101.5% year-on-year.

Meanwhile, the company posted 422.2 billion yuan in revenue, up 71.6% year-on-year.

At the end of the reporting period, it had 929 billion yuan in total assets and 330.6 billion yuan in total liabilities, with a liability-to-asset ratio of 35.6%.

This article was automatically produced by Caixin Automation on April 27, 2023.

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