Offshore Oil Engineering Co.,Ltd.’s Net Profit Rose 112.2% in First Half of 2023

Offshore Oil Engineering Co.,Ltd. (海洋石油工程股份有限公司) (600583.SH) reported a net profit of 1 billion yuan in the first half of 2023, up 112.2% year-on-year.

Meanwhile, the company posted 14.4 billion yuan in revenue, up 23.1% year-on-year.

At the end of the reporting period, it had 43.5 billion yuan in total assets and 17.3 billion yuan in total liabilities, with a liability-to-asset ratio of 39.8%.