China Oil Hbp Science&Technology Co.,Ltd.’s Net Profit Rose 18.6% in First Quarter of 2023

China Oil Hbp Science&Technology Co.,Ltd. (华油惠博普科技股份有限公司) (002554.SZ) reported a net profit of 12.6 million yuan in the first quarter of 2023, up 18.6% year-on-year.

Meanwhile, the company posted 500.6 million yuan in revenue, up 46.5% year-on-year.

At the end of the reporting period, it had 5.3 billion yuan in total assets and 2.7 billion yuan in total liabilities, with a liability-to-asset ratio of 51.2%.