Zhenhai Petrochemical Engineering Co.,Ltd.’s Net Profit Rose 37.6% in 2022

Zhenhai Petrochemical Engineering Co.,Ltd. (镇海石化工程股份有限公司) (603637.SH) reported a net profit of 103.1 million yuan in 2022, up 37.6% year-on-year.

Meanwhile, the company posted 574.5 million yuan in revenue, down 47.8% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 520 million yuan in total liabilities, with a liability-to-asset ratio of 36.9%.