Zhejiang Wanma Co.,Ltd.’s Net Profit Rose 43.2% in First Three Quarters of 2023

Zhejiang Wanma Co.,Ltd. (浙江万马股份有限公司) (002276.SZ) reported a net profit of 482.8 million yuan in the first three quarters of 2023, up 43.2% year-on-year.

Meanwhile, the company posted 11.7 billion yuan in revenue, up 6.8% year-on-year.

At the end of the reporting period, it had 13 billion yuan in total assets and 7.7 billion yuan in total liabilities, with a liability-to-asset ratio of 59%.