Wuxi Xuelang Enviromental Technology Co.,Ltd. Posted 110.9 Million Yuan Net Loss in 2022

Wuxi Xuelang Enviromental Technology Co.,Ltd. (无锡雪浪环境科技股份有限公司) (300385.SZ) reported a net loss of 110.9 million yuan in 2022, reversing a net profit of 153.9 million yuan for the previous year.

Meanwhile, the company posted 1.8 billion yuan in revenue, down 0.7% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 2.3 billion yuan in total liabilities, with a liability-to-asset ratio of 73.7%.