Shenzhen Wenke Landscape Co.,Ltd. Posted 70.6 Million Yuan Net Loss in First Half of 2022

Shenzhen Wenke Landscape Co.,Ltd. (深圳文科园林股份有限公司) (002775.SZ) reported a net loss of 70.6 million yuan in the first half of 2022, reversing a net profit of 60.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 301.7 million yuan in revenue, down 76.8% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 4.2 billion yuan in total liabilities, with a liability-to-asset ratio of 88.8%.