Zhejiang Wanma Co.,Ltd.’s Net Profit Rose 50.9% in First Half of 2023

Zhejiang Wanma Co.,Ltd. (浙江万马股份有限公司) (002276.SZ) reported a net profit of 284.7 million yuan in the first half of 2023, up 50.9% year-on-year.

Meanwhile, the company posted 7.2 billion yuan in revenue, up 1.2% year-on-year.

At the end of the reporting period, it had 12.3 billion yuan in total assets and 7.1 billion yuan in total liabilities, with a liability-to-asset ratio of 58.1%.