Xinjiang Xuefeng Sci-Tech(Group) Co.,Ltd.’s Net Profit Rose 216.8% in First Three Quarters 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 513.7 million yuan in the first three quarters of 2022, up 216.8% year-on-year.

Meanwhile, the company posted 2.9 billion yuan in revenue, up 54.8% year-on-year.

At the end of the reporting period, it had 4.6 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 46.2%.