Gansu Mogao Industrial Development Co.,Ltd. Posted 24.6 Million Yuan Net Loss in First Three Quarters 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 24.6 million yuan in the first three quarters of 2023, narrowing 47% year-on-year.

Meanwhile, the company posted 138.9 million yuan in revenue, up 85.7% year-on-year.

At the end of the reporting period, it had 1 billion yuan in total assets and 153.4 million yuan in total liabilities, with a liability-to-asset ratio of 14.6%.