Shenzhen Wenke Landscape Co.,Ltd. Posted 61.4 Million Yuan Net Loss in First Three Quarters 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 61.4 million yuan in the first three quarters of 2022, reversing a net profit of 28 million yuan for the same period in the previous year.

Meanwhile, the company posted 589.3 million yuan in revenue, down 65.1% year-on-year.

At the end of the reporting period, it had 4.8 billion yuan in total assets and 4.3 billion yuan in total liabilities, with a liability-to-asset ratio of 88.7%.