Whirlpool China Co.,Ltd. Posted 11.4 Million Yuan Net Profit in First Quarter of 2023

Whirlpool China Co.,Ltd. (惠而浦(中国)股份有限公司) (600983.SH) reported a net profit of 11.4 million yuan in the first quarter of 2023, reversing a net loss of 18.3 million yuan for the same period in the previous year.

Meanwhile, the company posted 1 billion yuan in revenue, down 17.4% year-on-year.

At the end of the reporting period, it had 5.5 billion yuan in total assets and 2.5 billion yuan in total liabilities, with a liability-to-asset ratio of 45.1%.