Zhejiang Wansheng Co.,Ltd.’s Net Profit Dropped 40.3% in First Three Quarters of 2023

Zhejiang Wansheng Co.,Ltd. (浙江万盛股份有限公司) (603010.SH) reported a net profit of 158 million yuan in the first three quarters of 2023, down 40.3% year-on-year.

Meanwhile, the company posted 2.2 billion yuan in revenue, down 17.8% year-on-year.

At the end of the reporting period, it had 6.1 billion yuan in total assets and 1.9 billion yuan in total liabilities, with a liability-to-asset ratio of 31.2%.