Zhejiang Wansheng Co.,Ltd.’s Net Profit Dropped 51.9% in First Half of 2023

Zhejiang Wansheng Co.,Ltd. (浙江万盛股份有限公司) (603010.SH) reported a net profit of 112.7 million yuan in the first half of 2023, down 51.9% year-on-year.

Meanwhile, the company posted 1.4 billion yuan in revenue, down 20.6% year-on-year.

At the end of the reporting period, it had 6 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 31.4%.