Zhenhai Petrochemical Engineering Co.,Ltd.’s Net Profit Rose 46.2% in First Quarter of 2023

Zhenhai Petrochemical Engineering Co.,Ltd. (镇海石化工程股份有限公司) (603637.SH) reported a net profit of 19.7 million yuan in the first quarter of 2023, up 46.2% year-on-year.

Meanwhile, the company posted 134.6 million yuan in revenue, down 13.3% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 458.5 million yuan in total liabilities, with a liability-to-asset ratio of 33.5%.