Zhejiang Wandekai Fluid Equipment Technology Co.,Ltd.’s Net Profit Dropped 27% in First Half of 2023

Zhejiang Wandekai Fluid Equipment Technology Co.,Ltd. (浙江万得凯流体设备科技股份有限公司) (301309.SZ) reported a net profit of 45.7 million yuan in the first half of 2023, down 27% year-on-year.

Meanwhile, the company posted 285.7 million yuan in revenue, down 32.7% year-on-year.

At the end of the reporting period, it had 1.6 billion yuan in total assets and 210.4 million yuan in total liabilities, with a liability-to-asset ratio of 13.2%.