Shanghai Prosolar Resources Development Co.,Ltd.’s Net Profit Dropped 51.5% in First Half of 2022

Shanghai Prosolar Resources Development Co.,Ltd. (上海创兴资源开发股份有限公司) (600193.SH) reported a net profit of 8.6 million yuan in the first half of 2022, down 51.5% year-on-year.

Meanwhile, the company posted 142.5 million yuan in revenue, down 55.8% year-on-year.

At the end of the reporting period, it had 744.9 million yuan in total assets and 422.8 million yuan in total liabilities, with a liability-to-asset ratio of 56.8%.