Wanma Technology Co.,Ltd. Posted 16.7 Million Yuan Net Profit in First Half of 2023

Wanma Technology Co.,Ltd. (万马科技股份有限公司) (300698.SZ) reported a net profit of 16.7 million yuan in the first half of 2023, reversing a net loss of 2.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 223.3 million yuan in revenue, down 13.2% year-on-year.

At the end of the reporting period, it had 797.2 million yuan in total assets and 372.9 million yuan in total liabilities, with a liability-to-asset ratio of 46.8%.