Wintime Energy Group Co.,Ltd.’s Net Profit Rose 42.6% in First Quarter of 2023

Wintime Energy Group Co.,Ltd. (永泰能源集团股份有限公司) (600157.SH) reported a net profit of 398.9 million yuan in the first quarter of 2023, up 42.6% year-on-year.

Meanwhile, the company posted 7.1 billion yuan in revenue, down 8.7% year-on-year.

At the end of the reporting period, it had 103.5 billion yuan in total assets and 55.4 billion yuan in total liabilities, with a liability-to-asset ratio of 53.6%.