Zhenhai Petrochemical Engineering Co.,Ltd.’s Net Profit Dropped 3.4% in First Half of 2023

Zhenhai Petrochemical Engineering Co.,Ltd. (镇海石化工程股份有限公司) (603637.SH) reported a net profit of 43.7 million yuan in the first half of 2023, down 3.4% year-on-year.

Meanwhile, the company posted 272.2 million yuan in revenue, down 16.2% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 431.9 million yuan in total liabilities, with a liability-to-asset ratio of 32.3%.