Ningxia Qinglong Pipes Industry Group Co.,Ltd.’s Net Profit Rose 12.2% in First Half of 2022

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 51.3 million yuan in the first half of 2022, up 12.2% year-on-year.

Meanwhile, the company posted 1 billion yuan in revenue, up 16.8% year-on-year.

At the end of the reporting period, it had 4 billion yuan in total assets and 1.7 billion yuan in total liabilities, with a liability-to-asset ratio of 41.6%.