Jianglong Shipbuilding Co.,Ltd.’s Net Profit Rose 89.2% in First Quarter of 2022

Jianglong Shipbuilding Co.,Ltd. (江龙船艇科技股份有限公司) (300589.SZ) reported a net profit of 4.4 million yuan in the first quarter of 2022, up 89.2% year-on-year.

Meanwhile, the company posted 115.5 million yuan in revenue, up 13.4% year-on-year.

At the end of the reporting period, it had 1.3 billion yuan in total assets and 549.3 million yuan in total liabilities, with a liability-to-asset ratio of 41.9%.