Jinlong Machinery&Electronic Co.,Ltd. Posted 52.1 Million Yuan Net Profit in 2022

Jinlong Machinery&Electronic Co.,Ltd. (金龙机电股份有限公司) (300032.SZ) reported a net profit of 52.1 million yuan in 2022, reversing a net loss of 108.4 million yuan for the previous year.

Meanwhile, the company posted 3.9 billion yuan in revenue, up 104.3% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 2.1 billion yuan in total liabilities, with a liability-to-asset ratio of 63.7%.