Zhejiang Wanliyang Co.,Ltd.’s Net Profit Dropped 47.8% in First Three Quarters of 2022

Zhejiang Wanliyang Co.,Ltd. (浙江万里扬股份有限公司) (002434.SZ) reported a net profit of 266.3 million yuan in the first three quarters of 2022, down 47.8% year-on-year.

Meanwhile, the company posted 3.6 billion yuan in revenue, down 15.9% year-on-year.

At the end of the reporting period, it had 10.1 billion yuan in total assets and 4.5 billion yuan in total liabilities, with a liability-to-asset ratio of 44.6%.