Zhejiang Yueling Co.,Ltd. Posted 32.3 Million Yuan Net Loss in First Half of 2023

Zhejiang Yueling Co.,Ltd. (浙江跃岭股份有限公司) (002725.SZ) reported a net loss of 32.3 million yuan in the first half of 2023, reversing a net profit of 21.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 304.9 million yuan in revenue, down 26.9% year-on-year.

At the end of the reporting period, it had 1.4 billion yuan in total assets and 391.7 million yuan in total liabilities, with a liability-to-asset ratio of 28.4%.