Ningxia Qinglong Pipes Industry Group Co.,Ltd. Posted 45.7 Million Yuan Net Profit in First Half of 2021

Ningxia Qinglong Pipes Industry Group Co.,Ltd. (宁夏青龙管业集团股份有限公司) (002457.SZ) reported a net profit of 45.7 million yuan in the first half of 2021, reversing a net loss of 14.6 million yuan for the same period in the previous year.

Meanwhile, the company posted 851.1 million yuan in revenue, up 61.3% year-on-year.

At the end of the reporting period, it had 3.9 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 44%.

This article was automatically produced by Caixin Automation on Aug. 26, 2021.

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