Apr 30, 2022 08:00 AM

Gansu Mogao Industrial Development Co.,Ltd. Posted 10.7 Million Yuan Net Loss in First Quarter of 2022

By Caixin Automation

Gansu Mogao Industrial Development Co.,Ltd. (甘肃莫高实业发展股份有限公司) (600543.SH) reported a net loss of 10.7 million yuan in the first quarter of 2022, widening 54.9% year-on-year.

Meanwhile, the company posted 27.9 million yuan in revenue, down 14.9% year-on-year.

At the end of the reporting period, it had 1.2 billion yuan in total assets and 143.9 million yuan in total liabilities, with a liability-to-asset ratio of 12.2%.

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