Ningxia Qinglong Pipes Industry Group Co.,Ltd.’s Net Profit Rose 9.2% in First Three Quarters of 2022

Ningxia Qinglong Pipes Industry Group Co.,Ltd. (宁夏青龙管业集团股份有限公司) (002457.SZ) reported a net profit of 98.7 million yuan in the first three quarters of 2022, up 9.2% year-on-year.

Meanwhile, the company posted 1.5 billion yuan in revenue, up 7.6% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 42.4%.