Shanghai Prosolar Resources Development Co.,Ltd.’s Net Profit Dropped 74% in First Half of 2023

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 2.2 million yuan in the first half of 2023, down 74% year-on-year.

Meanwhile, the company posted 76.2 million yuan in revenue, down 46.6% year-on-year.

At the end of the reporting period, it had 684.9 million yuan in total assets and 364.6 million yuan in total liabilities, with a liability-to-asset ratio of 53.2%.