Xinlong Holding(Group) Co.,Ltd. Posted 21 Million Yuan Net Loss in First Half of 2022

Xinlong Holding(Group) Co.,Ltd. (欣龙控股(集团)股份有限公司) (000955.SZ) reported a net loss of 21 million yuan in the first half of 2022, reversing a net profit of 6.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 379.7 million yuan in revenue, down 24.3% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 338.8 million yuan in total liabilities, with a liability-to-asset ratio of 27.8%.