Xilong Scientific Co.,Ltd.’s Net Profit Dropped 39.9% in First Half of 2022

Xilong Scientific Co.,Ltd. (西陇科学股份有限公司) (002584.SZ) reported a net profit of 76.5 million yuan in the first half of 2022, down 39.9% year-on-year.

Meanwhile, the company posted 3.4 billion yuan in revenue, up 5.9% 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 50.7%.