Offshore Oil Engineering Co.,Ltd.’s Net Profit Rose 68.5% in First Three Quarters 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 1.4 billion yuan in the first three quarters of 2023, up 68.5% year-on-year.

Meanwhile, the company posted 21 billion yuan in revenue, up 7.6% year-on-year.

At the end of the reporting period, it had 43.7 billion yuan in total assets and 17.1 billion yuan in total liabilities, with a liability-to-asset ratio of 39.1%.