Oriental Energy Co.,Ltd.’s Net Profit Dropped 27.7% in First Three Quarters of 2023

Oriental Energy Co.,Ltd. (东华能源股份有限公司) (002221.SZ) reported a net profit of 130.6 million yuan in the first three quarters of 2023, down 27.7% year-on-year.

Meanwhile, the company posted 20.3 billion yuan in revenue, down 7.5% year-on-year.

At the end of the reporting period, it had 40.4 billion yuan in total assets and 28.2 billion yuan in total liabilities, with a liability-to-asset ratio of 69.8%.