China Petroleum Engineering Co.,Ltd.’s Net Profit Rose 52.4% in 2022

China Petroleum Engineering Co.,Ltd. (中国石油集团工程股份有限公司) (600339.SH) reported a net profit of 718.4 million yuan in 2022, up 52.4% year-on-year.

Meanwhile, the company posted 83.6 billion yuan in revenue, up 4.7% year-on-year.

At the end of the reporting period, it had 107.1 billion yuan in total assets and 81.5 billion yuan in total liabilities, with a liability-to-asset ratio of 76.2%.