Wpg(Shanghai) Smart Water Public Co.,Ltd. Posted 141.9 Million Yuan Net Loss in First Three Quarters of 2022

Wpg(Shanghai) Smart Water Public Co.,Ltd. (上海威派格智慧水务股份有限公司) (603956.SH) reported a net loss of 141.9 million yuan in the first three quarters of 2022, reversing a net profit of 141.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 517.2 million yuan in revenue, down 35.7% year-on-year.

At the end of the reporting period, it had 3.4 billion yuan in total assets and 1.3 billion yuan in total liabilities, with a liability-to-asset ratio of 38.5%.