Wuxi Longsheng Technology Co.,Ltd.’s Net Profit Dropped 12.7% in First Half of 2022

Wuxi Longsheng Technology Co.,Ltd. (无锡隆盛科技股份有限公司) (300680.SZ) reported a net profit of 38.6 million yuan in the first half of 2022, down 12.7% year-on-year.

Meanwhile, the company posted 510.8 million yuan in revenue, up 29.1% year-on-year.

At the end of the reporting period, it had 2 billion yuan in total assets and 1 billion yuan in total liabilities, with a liability-to-asset ratio of 51.6%.