Cnooc Energy Technology&Services Limited’s Net Profit Rose 80.8% in 2022

Cnooc Energy Technology&Services Limited (中海油能源发展股份有限公司) (600968.SH) reported a net profit of 2.5 billion yuan in 2022, up 80.8% year-on-year.

Meanwhile, the company posted 47.8 billion yuan in revenue, up 23.3% year-on-year.

At the end of the reporting period, it had 40.7 billion yuan in total assets and 17.6 billion yuan in total liabilities, with a liability-to-asset ratio of 43.4%.