Zhongman Petroleum And Natural Gas Group Co.,Ltd.’s Net Profit Rose 193.3% in First Quarter of 2023

Zhongman Petroleum And Natural Gas Group Co.,Ltd. (中曼石油天然气集团股份有限公司) (603619.SH) reported a net profit of 212.2 million yuan in the first quarter of 2023, up 193.3% year-on-year.

Meanwhile, the company posted 898.5 million yuan in revenue, up 48.9% year-on-year.

At the end of the reporting period, it had 7.3 billion yuan in total assets and 4.8 billion yuan in total liabilities, with a liability-to-asset ratio of 65.2%.