Qinglong Pipe Industry Co., Ltd.: Estimated Net Profit of 10 Million to 15 Million in the First Half of the Year!

On July 14, Ningxia Qinglong Pipe Industry Group Co., Ltd. issued a performance forecast for the first half of 2023. The

announcement shows that the net profit attributable to shareholders of listed companies in the first half of the year is estimated to be between 10 million and 15 million yuan, compared with 44.5849 million yuan in the same period last year. Reasons analyzed in the

announcement: during the reporting period, the shipment volume completed by the Company decreased as compared with the same period of last year, and there was a certain lag in the conversion income of newly signed contracts, resulting in a decrease in the operating income for the half year as compared with the same period of last year, and the net profit attributable to shareholders of listed companies expected by the Company decreased as compared with the same period of last year.