Shanghai Datun Energy Resources Co.,Ltd.’s Net Profit Rose 11.8% in First Quarter of 2023

Shanghai Datun Energy Resources Co.,Ltd. (上海大屯能源股份有限公司) (600508.SH) reported a net profit of 863.6 million yuan in the first quarter of 2023, up 11.8% year-on-year.

Meanwhile, the company posted 3.1 billion yuan in revenue, up 0.5% year-on-year.

At the end of the reporting period, it had 20 billion yuan in total assets and 7 billion yuan in total liabilities, with a liability-to-asset ratio of 34.9%.