Zhongman Petroleum And Natural Gas Group Co.,Ltd.’s Net Profit Rose 584% in 2022

Zhongman Petroleum And Natural Gas Group Co.,Ltd. (中曼石油天然气集团股份有限公司) (603619.SH) reported a net profit of 502.7 million yuan in 2022, up 584% year-on-year.

Meanwhile, the company posted 3.1 billion yuan in revenue, up 74% year-on-year.

At the end of the reporting period, it had 7.2 billion yuan in total assets and 4.9 billion yuan in total liabilities, with a liability-to-asset ratio of 67.9%.