Zhejiang Wanliyang Co.,Ltd.’s Net Profit Dropped 47.4% in First Half of 2022

Zhejiang Wanliyang Co.,Ltd. (浙江万里扬股份有限公司) (002434.SZ) reported a net profit of 164.1 million yuan in the first half of 2022, down 47.4% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, down 16.2% year-on-year.

At the end of the reporting period, it had 10 billion yuan in total assets and 4.5 billion yuan in total liabilities, with a liability-to-asset ratio of 45.4%.