Wintime Energy Group Co.,Ltd.’s Net Profit Rose 61% in First Half 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 1 billion yuan in the first half of 2023, up 61% year-on-year.

Meanwhile, the company posted 14 billion yuan in revenue, down 15.7% year-on-year.

At the end of the reporting period, it had 103.4 billion yuan in total assets and 54.7 billion yuan in total liabilities, with a liability-to-asset ratio of 52.9%.