Yantai Jereh Oilfield Services Group Co.,Ltd.’s Net Profit Rose 66.1% in First Quarter of 2023

Yantai Jereh Oilfield Services Group Co.,Ltd. (烟台杰瑞石油服务集团股份有限公司) (002353.SZ) reported a net profit of 362.8 million yuan in the first quarter of 2023, up 66.1% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 24.9% year-on-year.

At the end of the reporting period, it had 29.7 billion yuan in total assets and 11.2 billion yuan in total liabilities, with a liability-to-asset ratio of 37.8%.