Gansu Mogao Industrial Development Co.,Ltd. Posted 130.1 Million Yuan Net Loss in 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 130.1 million yuan in 2022, widening 26.2% year-on-year.

Meanwhile, the company posted 108.3 million yuan in revenue, down 22.9% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 171.7 million yuan in total liabilities, with a liability-to-asset ratio of 15.7%.