Shanghai Wanye Enterprises Co.,Ltd.’s Net Profit Dropped 91.2% in First Half of 2022

Shanghai Wanye Enterprises Co.,Ltd. (上海万业企业股份有限公司) (600641.SH) reported a net profit of 24.5 million yuan in the first half of 2022, down 91.2% year-on-year.

Meanwhile, the company posted 166.1 million yuan in revenue, down 72.7% year-on-year.

At the end of the reporting period, it had 9.7 billion yuan in total assets and 1.8 billion yuan in total liabilities, with a liability-to-asset ratio of 18.6%.