Ningxia Qinglong Pipes Industry Group Co.,Ltd.’s Net Profit Rose 23.4% in 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 191.9 million yuan in 2022, up 23.4% year-on-year.

Meanwhile, the company posted 2.6 billion yuan in revenue, up 5.6% year-on-year.

At the end of the reporting period, it had 4.2 billion yuan in total assets and 1.6 billion yuan in total liabilities, with a liability-to-asset ratio of 39.6%.