Wuhan Xianglong Power Industry Co.,Ltd.’s Net Profit Rose 54.1% in 2022

Wuhan Xianglong Power Industry Co.,Ltd. (武汉祥龙电业股份有限公司) (600769.SH) reported a net profit of 10.7 million yuan in 2022, up 54.1% year-on-year.

Meanwhile, the company posted 51.2 million yuan in revenue, down 3.4% year-on-year.

At the end of the reporting period, it had 238.6 million yuan in total assets and 160.6 million yuan in total liabilities, with a liability-to-asset ratio of 67.3%.