Nanjing Tanker Corporation’s Net Profit Rose 93% in First Half of 2023

Nanjing Tanker Corporation (招商局南京油运股份有限公司) (601975.SH) reported a net profit of 848.8 million yuan in the first half of 2023, up 93% year-on-year.

Meanwhile, the company posted 3.2 billion yuan in revenue, up 23.8% year-on-year.

At the end of the reporting period, it had 11.3 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 24.6%.