Wuhan Xianglong Power Industry Co.,Ltd.’s Net Profit Rose 4.3% in First Quarter of 2022

Wuhan Xianglong Power Industry Co.,Ltd. (武汉祥龙电业股份有限公司) (600769.SH) reported a net profit of 2.5 million yuan in the first quarter of 2022, up 4.3% year-on-year.

Meanwhile, the company posted 12.7 million yuan in revenue, up 14.2% year-on-year.

At the end of the reporting period, it had 192.8 million yuan in total assets and 123 million yuan in total liabilities, with a liability-to-asset ratio of 63.8%.