Shenzhen Energy Group Co.,Ltd.’s Net Profit Rose 44.3% in First Quarter of 2023

Shenzhen Energy Group Co.,Ltd. (深圳能源集团股份有限公司) (000027.SZ) reported a net profit of 765 million yuan in the first quarter of 2023, up 44.3% year-on-year.

Meanwhile, the company posted 8.1 billion yuan in revenue, up 4.2% year-on-year.

At the end of the reporting period, it had 148.3 billion yuan in total assets and 92.7 billion yuan in total liabilities, with a liability-to-asset ratio of 62.5%.