Wuhan Xianglong Power Industry Co.,Ltd.’s Net Profit Rose 24.2% in First Half of 2022

Wuhan Xianglong Power Industry Co.,Ltd. (武汉祥龙电业股份有限公司) (600769.SH) reported a net profit of 5.9 million yuan in the first half of 2022, up 24.2% year-on-year.

Meanwhile, the company posted 25.3 million yuan in revenue, down 12% year-on-year.

At the end of the reporting period, it had 206.7 million yuan in total assets and 133.5 million yuan in total liabilities, with a liability-to-asset ratio of 64.6%.