Xilong Scientific Co.,Ltd.’s Net Profit Dropped 81.6% in First Half of 2023

Xilong Scientific Co.,Ltd. (西陇科学股份有限公司) (002584.SZ) reported a net profit of 13.1 million yuan in the first half of 2023, down 81.6% year-on-year.

Meanwhile, the company posted 3.7 billion yuan in revenue, up 39.1% year-on-year.

At the end of the reporting period, it had 5.1 billion yuan in total assets and 2.8 billion yuan in total liabilities, with a liability-to-asset ratio of 54.4%.