Wpg(Shanghai) Smart Water Public Co.,Ltd. Posted 59.9 Million Yuan Net Loss in First Half of 2023

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 59.9 million yuan in the first half of 2023, narrowing 26.3% year-on-year.

Meanwhile, the company posted 447.7 million yuan in revenue, up 40.9% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 1.2 billion yuan in total liabilities, with a liability-to-asset ratio of 38.4%.