Shanghai Kaichuang Marine International Co.,Ltd. Posted 24.4 Million Yuan Net Loss in First Half of 2023

Shanghai Kaichuang Marine International Co.,Ltd. (上海开创国际海洋资源股份有限公司) (600097.SH) reported a net loss of 24.4 million yuan in the first half of 2023, reversing a net profit of 39.9 million yuan for the same period in the previous year.

Meanwhile, the company posted 773.3 million yuan in revenue, down 0.9% year-on-year.

At the end of the reporting period, it had 3.3 billion yuan in total assets and 1.1 billion yuan in total liabilities, with a liability-to-asset ratio of 35%.