Gansu Mogao Industrial Development Co.,Ltd. Posted 13.8 Million Yuan Net Loss in First Half of 2023

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 13.8 million yuan in the first half of 2023, narrowing 54.8% year-on-year.

Meanwhile, the company posted 86.9 million yuan in revenue, up 82.6% year-on-year.

At the end of the reporting period, it had 1.1 billion yuan in total assets and 162.3 million yuan in total liabilities, with a liability-to-asset ratio of 15.2%.