Wuxi Xuelang Enviromental Technology Co.,Ltd. Posted 3.2 Million Yuan Net Profit in First Half of 2023

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 profit of 3.2 million yuan in the first half of 2023, reversing a net loss of 28.2 million yuan for the same period in the previous year.

Meanwhile, the company posted 651.5 million yuan in revenue, down 18.2% year-on-year.

At the end of the reporting period, it had 3.2 billion yuan in total assets and 2.4 billion yuan in total liabilities, with a liability-to-asset ratio of 74.2%.