Wpg(Shanghai) Smart Water Public Co.,Ltd. Posted 126.7 Million Yuan Net Loss in 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 126.7 million yuan in 2022, reversing a net profit of 196.4 million yuan for the previous year.

Meanwhile, the company posted 1.1 billion yuan in revenue, down 16.4% year-on-year.

At the end of the reporting period, it had 3.5 billion yuan in total assets and 1.4 billion yuan in total liabilities, with a liability-to-asset ratio of 39%.