Wuhan Xianglong Power Industry Co.,Ltd.’s Net Profit Rose 13.6% in First Half of 2023

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 6.7 million yuan in the first half of 2023, up 13.6% year-on-year.

Meanwhile, the company posted 31.2 million yuan in revenue, up 23% year-on-year.

At the end of the reporting period, it had 260.4 million yuan in total assets and 175.8 million yuan in total liabilities, with a liability-to-asset ratio of 67.5%.