Shanghai Prosolar Resources Development Co.,Ltd.’s Net Profit Dropped 70.1% in First Three Quarters 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 7.6 million yuan in the first three quarters of 2022, down 70.1% year-on-year.

Meanwhile, the company posted 193.4 million yuan in revenue, down 59.8% year-on-year.

At the end of the reporting period, it had 706.3 million yuan in total assets and 385 million yuan in total liabilities, with a liability-to-asset ratio of 54.5%.