Tong Petrotech Group.’s Net Profit Rose 461.5% in First Half of 2023

Tong Petrotech Group. (通源石油科技集团股份有限公司) (300164.SZ) reported a net profit of 67.7 million yuan in the first half of 2023, up 461.5% year-on-year.

Meanwhile, the company posted 521.3 million yuan in revenue, up 62.9% year-on-year.

At the end of the reporting period, it had 1.8 billion yuan in total assets and 463.2 million yuan in total liabilities, with a liability-to-asset ratio of 25.4%.