Zhongman Petroleum And Natural Gas Group Co.,Ltd.’s Net Profit Rose 106.6% in First Half of 2023

Zhongman Petroleum And Natural Gas Group Co.,Ltd. (中曼石油天然气集团股份有限公司) (603619.SH) reported a net profit of 438.7 million yuan in the first half of 2023, up 106.6% year-on-year.

Meanwhile, the company posted 1.9 billion yuan in revenue, up 34.9% year-on-year.

At the end of the reporting period, it had 8.3 billion yuan in total assets and 5.6 billion yuan in total liabilities, with a liability-to-asset ratio of 67.6%.