Zhejiang Wanliyang Co.,Ltd. Posted 300 Million Yuan Net Profit in 2022

Zhejiang Wanliyang Co.,Ltd. (浙江万里扬股份有限公司) (002434.SZ) reported a net profit of 300 million yuan in 2022, reversing a net loss of 783.3 million yuan for the previous year.

Meanwhile, the company posted 5.1 billion yuan in revenue, down 6.8% 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 44.5%.