Xilong Scientific Co.,Ltd.’s Net Profit Rose 607.8% in First Quarter of 2022

Xilong Scientific Co.,Ltd. (西陇科学股份有限公司) (002584.SZ) reported a net profit of 84 million yuan in the first quarter of 2022, up 607.8% year-on-year.

Meanwhile, the company posted 1.8 billion yuan in revenue, up 16.2% year-on-year.

At the end of the reporting period, it had 4.7 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 50.4%.