Chongqing Wanli New Energy Co.,Ltd. Posted 13.4 Million Yuan Net Loss in First Three Quarters of 2023

Chongqing Wanli New Energy Co.,Ltd. (重庆万里新能源股份有限公司) (600847.SH) reported a net loss of 13.4 million yuan in the first three quarters of 2023, narrowing 47.6% year-on-year.

Meanwhile, the company posted 400.3 million yuan in revenue, up 22.3% year-on-year.

At the end of the reporting period, it had 746 million yuan in total assets and 59.2 million yuan in total liabilities, with a liability-to-asset ratio of 7.9%.