Xinjiang Xuefeng Sci-Tech(Group) Co.,Ltd.’s Net Profit Rose 283.4% in First Half of 2022

Xinjiang Xuefeng Sci-Tech(Group) Co.,Ltd. (新疆雪峰科技(集团)股份有限公司) (603227.SH) reported a net profit of 307.7 million yuan in the first half of 2022, up 283.4% year-on-year.

Meanwhile, the company posted 1.7 billion yuan in revenue, up 55.4% year-on-year.

At the end of the reporting period, it had 4.3 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 47%.