China Petroleum Engineering Co.,Ltd.’s Net Profit Rose 1.2% in First Three Quarters of 2023

China Petroleum Engineering Co.,Ltd. (中国石油集团工程股份有限公司) (600339.SH) reported a net profit of 896.8 million yuan in the first three quarters of 2023, up 1.2% year-on-year.

Meanwhile, the company posted 52.9 billion yuan in revenue, down 8% year-on-year.

At the end of the reporting period, it had 106.4 billion yuan in total assets and 80.2 billion yuan in total liabilities, with a liability-to-asset ratio of 75.3%.