Jiangxi Black Cat Carbon Black Co.,Ltd. Posted 252.8 Million Yuan Net Loss in First Half of 2023

Jiangxi Black Cat Carbon Black Co.,Ltd. (江西黑猫炭黑股份有限公司) (002068.SZ) reported a net loss of 252.8 million yuan in the first half of 2023, reversing a net profit of 73.7 million yuan for the same period in the previous year.

Meanwhile, the company posted 4.4 billion yuan in revenue, down 5% year-on-year.

At the end of the reporting period, it had 8.2 billion yuan in total assets and 5 billion yuan in total liabilities, with a liability-to-asset ratio of 61.3%.