China Oilfield Services Limited’s Net Profit Rose 16.1% in First Three Quarters of 2023

China Oilfield Services Limited (中海油田服务股份有限公司) (601808.SH) reported a net profit of 2.5 billion yuan in the first three quarters of 2023, up 16.1% year-on-year.

Meanwhile, the company posted 29.5 billion yuan in revenue, up 21.7% year-on-year.

At the end of the reporting period, it had 81.8 billion yuan in total assets and 40.1 billion yuan in total liabilities, with a liability-to-asset ratio of 49.1%.