Jiangsu Sopo Chemical Co.,Ltd. Posted 256.1 Million Yuan Net Loss in First Half of 2023

Jiangsu Sopo Chemical Co.,Ltd. (江苏索普化工股份有限公司) (600746.SH) reported a net loss of 256.1 million yuan in the first half of 2023, reversing a net profit of 740.8 million yuan for the same period in the previous year.

Meanwhile, the company posted 2.4 billion yuan in revenue, down 44.2% year-on-year.

At the end of the reporting period, it had 5.8 billion yuan in total assets and 846.5 million yuan in total liabilities, with a liability-to-asset ratio of 14.5%.