Wuxi Xuelang Enviromental Technology Co.,Ltd. Posted 28.2 Million Yuan Net Loss in First Half of 2022

Wuxi Xuelang Enviromental Technology Co.,Ltd. (无锡雪浪环境科技股份有限公司) (300385.SZ) reported a net loss of 28.2 million yuan in the first half of 2022, reversing a net profit of 65.4 million yuan for the same period in the previous year.

Meanwhile, the company posted 796.7 million yuan in revenue, down 6.5% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 2.2 billion yuan in total liabilities, with a liability-to-asset ratio of 66.3%.