Gansu Mogao Industrial Development Co.,Ltd. Posted 46.4 Million Yuan Net Loss in First Three Quarters of 2022

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 46.4 million yuan in the first three quarters of 2022, widening 56.5% year-on-year.

Meanwhile, the company posted 74.8 million yuan in revenue, down 27.4% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 132.9 million yuan in total liabilities, with a liability-to-asset ratio of 11.7%.